9613 145 Ave Forest Lake, MN 55025
This exceptional 34.65-acre commercial land parcel presents a unique investment opportunity in Forest Lake, Minnesota. Located at 9613 145th Ave NE, this property boasts a highly desirable General Business zoning designation, opening doors to a wide array of development possibilities. Its strategic location offers excellent accessibility to Interstate 35, ensuring convenient access for both employees and customers. The surrounding area is characterized by a thriving mix of established retailers and corporate entities, creating a dynamic and attractive business environment. The land itself requires minimal clearing, significantly reducing development time and costs. Priced at $1,995,000, this property represents a compelling investment with significant potential for future growth and return. The General Business zoning permits a diverse range of uses, including professional offices, retail spaces, and warehousing facilities, allowing for considerable flexibility in development plans. This expansive lot offers ample space for large-scale projects or the creation of a multi-tenant complex. With its prime location, versatile zoning, and minimal site preparation needs, this property is poised to become a highly successful commercial venture. The property is situated in Anoka County, Minnesota, with a zip code of 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
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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.