255 Highway Dr Forest Lake, MN 55025
For Sale
1 / 2
• 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
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
Similar Nearby for Lease
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.