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    FOR SALE
    Land

    12101 Forest Blvd, Saint Paul, MN 55110

    25.22 ac lot
    Property ID
    US46-0781118
    12101 Forest Blvd, Saint Paul, MN 55110 For Sale
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    12101 Forest Blvd, Saint Paul, MN 55110
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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 25.22 ac (1,098,583 SF)
    UPID US46-0781118
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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