Financial
Distress signals
Property profile

44 Lake St S Forest Lake, MN 55025

FOR LEASE
Strip malls
Property ID
US46-0861059
5,447 SF 0.32 ac lot Built 1996
Last sale Jan 2023 · $575,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value · 2022$577k
Assessed land$172k
Assessed improvement$405k
Effective rate2.60%

Value estimate

· Sep 2026
$750k
$675k – $825k
AI approach$745k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 124,500.00% cap applied$15k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
124,500.00%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.7
Convenience Store8.6
Laundry Service8.3

Location

44 Lake St S Forest Lake, MN 55025
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 10 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2013 Broadway, Forest Lake, MN 55025-4500 $15,150,000 Mar 2024 69,290 SF
107 12th SW, Forest Lake, MN 55025-1467 $3,425,000 Aug 2020 6,816 SF
167 Lk N, Forest Lake, MN 55025-2504 $555,000 Feb 2020 2,935 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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