0 N & Fenston Ave Forest Lake, MN 55025
This exceptional 9.2-acre industrial land parcel presents a unique investment opportunity in Forest Lake, Minnesota. Comprising two contiguous parcels (APN: 20-032-21-32-0007, 20-032-21-23-0004), this property is ideally situated in a thriving area with a diverse mix of residential, commercial, and industrial uses. The land is zoned I - Industrial District, allowing for a wide range of development possibilities. Its strategic location offers convenient access to major transportation arteries, including the I-35 freeway, ensuring seamless logistics and connectivity. Adding to its appeal, the property enjoys proximity to Forest Lake Regional Airport and the Forest Lake Sports Center, providing excellent visibility and access to a vibrant community. The area is served by Forest Lake ISD #831, further enhancing its desirability. This is a rare chance to acquire a substantial industrial land holding in a rapidly growing region, offering significant potential for future development and strong returns. The asking price for this exceptional property is $600,000. The address is Fenway Ave N & Fenston Avenue N, Forest Lake, MN 55025.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.