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Property profile & analytics
FOR SALE
Office Units

255 Highway Dr Forest Lake, MN 55025

1,464 SF
Property ID
US46-Q016176
Property summary
AI-generated overview

• Sale price: $241,800.00 • Unit 1A: approximately 1,464 sf • PID #: 17­032­41­0004 • Taxes 2026: $2,230.00 • Association dues: $167.00/month • Rare main level corner unit • Ideal for office, retail, service or medical • High traffic and visibility with terrific access to Hwy.97 and Hwy.61 (Forest Blvd.) • Parking on two sides • Drive-thru window possible • Located near: Forest Lake City Hall, Dunkin', Coffee & Bytes, friar's, rubio's on 61, convenience stores and other retail

Property profile
Verified
Property type Office Units
Total area 1,464 SF
UPID US46-Q016176
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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