Financial
Distress signals
Property profile

638 Lk S St Forest Lake, MN 55025

OFF-MARKET
Individual retail properties
Property ID
US46-0933320
2,736 SF 0.44 ac lot Built 1970
Last sale Feb 1996 · $180,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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?
$5k
Tax billed · 2023
Assessed value · 2022$246k
Assessed land$144k
Assessed improvement$102k
Effective rate2.15%

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$245k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility9.0
Garden Center8.8
Locksmith8.7

Location

638 Lk S St Forest Lake, MN 55025-2611
County assessor Recorded deeds · not on file 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

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
668 Lk S, Forest Lake, MN 55025-2611 $434,900 Feb 2023 3,450 SF
767 Lk S, Forest Lake, MN 55025-2613 $345,000 Feb 2022 3,024 SF
407 Lk S, Forest Lake, MN 55025-2647 $120,000 Jun 2021 1,430 SF
967 Lk S, Forest Lake, MN 55025-2616 $360,000 Mar 2021 3,600 SF
1407 Lk S, Forest Lake, MN 55025-2622 $194,800 Dec 2020 1,560 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 638 Lk S St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message