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    6671 Lk Blvd Forest Lake, MN

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    For Lease
    $2,195,000

    20,300 SF industrial building on 10.69 acres for sale/lease.

    Property size:
    20,300 SF
    Lot size:
    10.73 Acres

    Property Features for 6671 Lk Blvd

    General Information

    Size
    20,300 SF
    Lot size
    10.73 Acres

    Source: Newmark Agent Dan Friedner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Building on 10+ Acres

    Located in Wyoming, Minnesota, the property at 6671 Lake Blvd (Hwy 8) features an industrial building with approximately 20,300 square feet of building area. The property consists of one main building and one smaller building, situated on 10.69 acres comprising four separate parcels. The site benefits from access and visibility to Lake Blvd (Hwy 8). The property is zoned C - Commercial, permitting a variety of uses. A fenced-in parking lot is present. A new $200,000 flat roof was installed in January 2024. The building has 3-phase electric.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Realty agency Spa & Massage Hotel & Motel Hair Salon Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Hallberg Mini Storage - Forest Lake

    Location Insight

    • Map
    • Local Demand
    City
    Forest Lake
    County
    Washington
    State
    Minnesota
    Longitude
    -92.9852183
    Latitude
    45.2788561

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    FAQs

    What type of property is this?
    Warehouse - 20,300 SF industrial building on 10.69 acres for sale/lease.
    Where is this warehouse located?
    The property is located at 6671 Lk Blvd Forest Lake, MN.
    What are key features of this property?
    This property features: - 20,300 sq ft industrial building on 10.69 acres.; - New $200,000 flat roof installed in Jan 2024.; - C - Commercial Zoning Permits a Variety of different uses.
    (612) 599-7864
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    6671 Lk Blvd Forest Lake, MN
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6671 Lk Blvd Forest Lake, MN
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