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Property profile & analytics
OFF-MARKET
Land

0 N & Fenston Ave Forest Lake, MN 55025

9.2 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 9.2 ac (400,752 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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