12101 Forest Blvd, Saint Paul, MN 55110
For Sale
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.
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
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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.