Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    L3b1 Shady Lane Crosslake, MN 56442

    View on Map
    Claim this Listing
    For Sale
    $79,900

    Lots & Land - Crosslake, MN

    Lot size:
    1.26 Acres
    Added:
    Apr 22, 2025
    Days on Market:
    382
    Last Refresh:
    May 8 at 8:06 am

    Property Features for L3b1 Shady Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential-Single Family
    Standard status
    Active
    APN
    14100757
    Lot size
    1.26 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    94

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Mike O'Connell

    Listing agent Mike O'Connell

    Listing office Keller Williams Realty Professionals 14091 Baxter Dr, Brainerd, MN

    Listing date Apr 22, 2025

    MLS# 6693270 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.26‑acre wooded lot in Rolling Woods development
    • Suitable for one‑level patio or walkout‑style homes
    • Proximity to Crosslake trails for hiking and biking
    • Minutes from Crosslake Community Center, restaurants, retail, and golf courses
    • Close to Whitefish Chain and other area lakes for fishing
    • Desirable, private Up North setting with town conveniences

    Overview

    Wooded Lot in Rolling Woods

    Located in Crosslake, this 1.26-acre wooded lot is situated in the Rolling Woods residential development. Designated as Lot 3 Block 1, the property is suitable for constructing one-level patio homes or walkout-style homes. The location provides convenient access to the Crosslake trails for hiking and biking, as well as proximity to the Crosslake Community Center, restaurants, retail shops, and golf courses. The Whitefish Chain and other area lakes are nearby. This property offers access to town conveniences within a private, wooded setting. The Rolling Woods developer is available to meet on site to address any questions.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Crosslake
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.0898096
    Latitude
    46.7023657

    Nearby Similar for Sale

    • $398,500

      Crosslake Storage Building For Sale

      Storage building in Fawn Lake Park, Crosslake, MN. Great location!
      12893 Whitehawk Trail, Crosslake, MN 56442
      View Details
    • $215,000
      2,560 SF

      Crosslake Mixed-Use Commercial Lot

      Half-acre lot with new insulated pole building in Crosslake.
      34529 Retriever Road, Crosslake, MN 56442
      View Details
    • $399,000

      Turn-Key Storage Building in Crosslake

      Recently built storage building near Whitefish Chain and downtown Crosslake.
      Tbd Addi Lane, Crosslake, MN 56442
      View Details
    • $365,000

      Crosslake Storage Building Opportunity

      50' x 80' storage building near Cross Lake.
      34398 Sunup Trail, Crosslake, MN 56442
      View Details
    • $149,900

      Five Acre Residential Building Site

      Private 5+ acre lot near Crosslake, MN for sale.
      35546 Pine Terrace Road, Ideal Twp, MN 56442
      View Details
    • $89,900

      Wooded Land Parcel Near Crosslake

      2.5+ acre wooded property near Crosslake, MN.
      Backlot 4 River Trail, Crosslake, MN 56442
      View Details
    • $89,900

      Land Near Crosslake with Privacy

      2.5+ acre wooded property near Crosslake, MN.
      Backlot 4 River Trail, Crosslake, MN 56442
      View Details
    • $69,900

      Pine-Studded Land Near Whitefish Chain

      4-acre wooded lot near Brainerd/Crosslake amenities and Whitefish Chain.
      Tbd Wall Street, Crosslake, MN 56442
      View Details
    • $79,000

      Wooded Lot in Crosslake

      Level, wooded lot in Crosslake near Whitefish Chain of Lakes.
      Tbd Gordon Circle, Crosslake, MN 56442
      View Details
    • $220,000

      Crosslake Storage Building Opportunity

      Storage building for boats, snowmobiles, and recreational equipment.
      L6 B3 Tbd Whitehawk Trail, Crosslake, MN 56442
      View Details
    • $99,000

      Crosslake Land Parcel with Views

      1.41 acre residential parcel with lake views near Crosslake.
      Tbd Big Pine Trail, Crosslake, MN 56442
      View Details
    • $139,900

      Wooded Land Near Crosslake

      Five-acre wooded lot approved for a three-bedroom home.
      Tbd Pine Terrace Road, Crosslake, MN 56442
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.26-acre wooded lot in Crosslake's Rolling Woods development.
    Where is this residential land & home lot located?
    The property is located at L3b1 Shady Lane Crosslake, MN.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: 1.26‑acre wooded lot in Rolling Woods development; Suitable for one‑level patio or walkout‑style homes; Proximity to Crosslake trails for hiking and biking
    (218) 831-6787
    We can help!
    Listing Contact
    Mike O'Connell
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    L3b1 Shady Lane, Crosslake, MN 56442
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!