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Property profile & analytics
OFF-MARKET
Land

20 Lk St Forest Lake, MN 55025

Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a rare opportunity to acquire two contiguous parcels totaling approximately 0.85 acres (36,850 square feet) in the heart of downtown Forest Lake, Minnesota. Strategically located directly off the roundabout, this property enjoys high visibility and accessibility, ensuring maximum exposure for any commercial venture. The combined parcels, identified as 20 Lake Street South (Parcel ID: 0803221130143) and 32 Lake Street South (Parcel ID: 0803221130144), offer significant development potential. The location within the vibrant downtown area provides easy access to local amenities, businesses, and a strong residential population. This prime real estate is ideal for a variety of commercial uses, making it an attractive investment for developers and entrepreneurs seeking a high-traffic location with excellent visibility. The property's size and central location make it a highly desirable asset in a growing community. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The address is 20-32 Lake Street South, Forest Lake, MN 55025. The property is conveniently located at latitude 45.278123 and longitude -92.9852391.

Property profile
Verified
Property type Land
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
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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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