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    12101 Forest Blvd White Bear Lake, MN 55110

    Sponsored
    For Sale
    $876,000

    Prime 25-Acre Commercial Tract in Hugo, MN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 25.22-acre commercial land parcel, identified by APN 31.031.21.44.0001, presents a unique investment opportunity in the thriving city of Hugo, Minnesota. Located at 12101 Forest Blvd N, 55110, this property boasts flexible PUD zoning, allowing for a diverse range of development possibilities. The site is strategically positioned, offering high visibility and accessibility. The land is divided into two key areas. Area #1 encompasses approximately 2.924 buildable acres situated at the corner of Highway 61 and County Road J (120th St. N), benefiting from significant traffic flow on Highway 61. This area is ideally suited for retail, restaurant, senior living facilities, medical offices, or other service-oriented businesses. Area #2 comprises roughly 1.363 buildable acres located east of Highway 61 on County Road J (120th St. N). This section is well-positioned for office buildings, senior living, townhomes, service businesses, or light industrial uses. The asking price for this expansive and versatile property is $876,000. This prime location in Washington County offers excellent potential for significant return on investment. Don't miss this chance to acquire a substantial commercial land holding in a rapidly growing area of Minnesota.

    Property Features for 12101 Forest Blvd

    General Information

    Property type
    Land
    Lot Size
    1,098,583 SF

    HighLights

    • 12.92 acres buildable, corner Hwy 61 & Cty J (120th St. N), high traffic counts. Ideal for retail, restaurants, senior living, medical, or office uses.
    • 1.363 acres buildable, east of Hwy 61 on Cty J (120th St. N). Suitable for office, senior living, townhomes, service businesses, or industrial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    White Bear Lake
    County
    Washington
    State
    Minnesota
    Longitude
    -93.001311
    Latitude
    45.125542

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    FAQs

    What type of property is this?
    Land - Prime 25-Acre Commercial Tract in Hugo, MN
    Where is this land located?
    The property is located at 12101 Forest Blvd White Bear Lake, MN.
    What is the asking price?
    The asking price for this property is $876,000.
    What are key features of this property?
    This property features: 12.92 acres buildable, corner Hwy 61 & Cty J (120th St. N), high traffic counts. Ideal for retail, restaurants, senior living, medical, or office uses.; 1.363 acres buildable, east of Hwy 61 on Cty J (120th St. N). Suitable for office, senior living, townhomes, service businesses, or industrial development.;
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    White Bear Lake, MN 55110
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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
    12101 Forest Blvd White Bear Lake, MN 55110
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