5635 Scandia Trl Forest Lake, MN 55025
This exceptional 39.5-acre industrial land parcel presents a unique investment opportunity in the thriving Forest Lake, Minnesota market. Zoned for industrial use, this property is ideally suited for a variety of development projects, including manufacturing, distribution centers, corporate headquarters, or assembly facilities. The site boasts excellent visibility and accessibility, with direct frontage on Scandia Trail and convenient proximity to major transportation arteries. Less than two miles from Interstate 35 and with quick access to Highway 61, this location ensures seamless logistics and efficient transportation networks. The property's strategic location also benefits from its adjacency to a local airport, providing an added advantage for businesses requiring air freight capabilities. Forest Lake is known for its business-friendly environment and robust workforce, creating a supportive ecosystem for industrial growth. The asking price for this expansive property is $3,871,395. The property's APN is 20-032-21-21-0001, 20-032-21-21-0003. This is a rare opportunity to acquire a significant land holding in a high-demand location with exceptional infrastructure and access. Don't miss this chance to secure a prime piece of industrial real estate in a rapidly growing area.
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
Similar Nearby for Lease
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.