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    190th N & Frst Rd N Forest Lake, MN

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    For Sale
    $1,200,000

    Prime land with significant development potential near Tanners Brook.

    Lot size:
    24.49 Acres

    Property Features for 190th N & Frst Rd N

    General Information

    Lot size
    24.49 Acres

    Source: MFC Properties Corporation Agent Bruce Miller

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

    Overview

    24.49 Acres Development Land

    This 24.49-acre parcel of land offers significant development potential. It is located just west of Highway 61 and north of 190th Street North, adjacent to the Tanners Brook golf course. The land is currently guided for mixed use and is within the 2030 Municipal Urban Service Area (MUSA).
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Forest Lake
    County
    Washington
    State
    Minnesota
    Longitude
    -92.9852183
    Latitude
    45.2788561

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    FAQs

    What type of property is this?
    Land - Prime land with significant development potential near Tanners Brook.
    Where is this land located?
    The property is located at 190th N & Frst Rd N Forest Lake, MN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - 24.49 acres of prime land; - Significant development potential; - Guided for mixed use
    (651) 452-3303
    Request Owner's contact information
    190th N & Frst Rd N Forest Lake, MN
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    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
    190th N & Frst Rd N Forest Lake, MN
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