90-Acre Development
For Sale
$5,000,000
Pending
16115 Forest Boulevard, Hugo, MN 55038
Two adjoining parcels are offered together for future development, with municipal services not readily available.
Property SizeContact for details
Days on Market568
Property Features for 16115 Forest Boulevard
General Information
Standard status
Pending
Property subtype
Lots/Land
Taxes and HOA fees
Annual Taxes
$16,402
Listing Agency:
The Home Connection, LLC
(651) 485-0055
Listed By:
Peter G. Aplikowski
(651) 485-0055
Source:
Exitrealty
Added: Feb 11, 2025
Changed: Aug 31
Last Checked: Aug 31 at 4:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Home Connection, LLC
Investment Insights
Based on property information with market context.
This land offering comprises approximately 90 acres divided into a southern parcel of approximately 26.3 acres and a northern parcel of approximately 65 acres. The two parcels are to be conveyed together, creating one combined development tract.
Municipal services are not readily available at the property. Any future expansion of service to the site will require coordination between the buyer or developer and the city of Hugo. The property is located at 16115 Forest Boulevard in Hugo, Minnesota.
Municipal services are not readily available at the property. Any future expansion of service to the site will require coordination between the buyer or developer and the city of Hugo. The property is located at 16115 Forest Boulevard in Hugo, Minnesota.
Key Highlights
- Approximately 90 acres offered for development
- South parcel contains approximately 26.3 acres
- North parcel contains approximately 65 acres
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 55038, MN
23,735
Population
9,355
Households
2.5
Avg Household Size
39
Median Age
49%
College-Educated
98%
High-School Grad
50.5 sq mi
ZIP Area
470
Density / Sq Mi
$127,194
Median Household Income
$67,946
Median Earnings
$1,844
Median Rent
$408,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - Two adjoining parcels are offered together for future development, with municipal services not readily available.
Where is this land located?
The property is located at 16115 Forest Boulevard Hugo, MN.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Approximately 90 acres offered for development; South parcel contains approximately 26.3 acres; North parcel contains approximately 65 acres
