12101 Forest Blvd White Bear Lake, MN 55110
- Commercial real estate
- 25.22 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 12101 Forest Blvd
- Lot size
- 25.22 lot acres
- Property type
- Commercial real estate
- APN
- 31.031.21.44.0001
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- White Bear Lake
- County
- Washington
- State
- Minnesota
- Longitude
- -93.001311
- Latitude
- 45.125542