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    9613 145 Ave Forest Lake, MN 55025

    Sponsored
    For Sale
    $1,995,000

    Prime 34-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 34.65-acre commercial land parcel presents a unique investment opportunity in Forest Lake, Minnesota. Located at 9613 145th Ave NE, this property boasts a highly desirable General Business zoning designation, opening doors to a wide array of development possibilities. Its strategic location offers excellent accessibility to Interstate 35, ensuring convenient access for both employees and customers. The surrounding area is characterized by a thriving mix of established retailers and corporate entities, creating a dynamic and attractive business environment. The land itself requires minimal clearing, significantly reducing development time and costs. Priced at $1,995,000, this property represents a compelling investment with significant potential for future growth and return. The General Business zoning permits a diverse range of uses, including professional offices, retail spaces, and warehousing facilities, allowing for considerable flexibility in development plans. This expansive lot offers ample space for large-scale projects or the creation of a multi-tenant complex. With its prime location, versatile zoning, and minimal site preparation needs, this property is poised to become a highly successful commercial venture. The property is situated in Anoka County, Minnesota, with a zip code of 55025.

    Property Features for 9613 145 Ave

    General Information

    Property type
    Land
    Lot Size
    1,509,354 SF

    HighLights

    • $1,995,000 asking price for 34.65 acres of commercial land.
    • General Business zoning.
    • Located at 9613 145th Ave NE, Forest Lake, MN 55025.
    • Excellent I‑35 access and proximity to retailers and businesses.
    • Minimal site preparation required.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Daycare Center Department Store Building Supply Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Forest Lake
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.022021
    Latitude
    45.234454

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    FAQs

    What type of property is this?
    Land - Prime 34-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 9613 145 Ave Forest Lake, MN.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: $1,995,000 asking price for 34.65 acres of commercial land.; General Business zoning.; Located at 9613 145th Ave NE, Forest Lake, MN 55025.
    (651) 351-5005
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    Forest Lake, MN 55025
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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
    9613 145 Ave Forest Lake, MN 55025
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