Prime Development Opportunity Near Forest Lake

14XXX W Freeway Dr Forest Lake, MN 55038

14XXX W Freeway Dr, Forest Lake, MN, 55038
14XXX W Freeway Dr, Forest Lake, MN, 55038 14XXX W Freeway Dr, Forest Lake, MN, 55038 14XXX W Freeway Dr, Forest Lake, MN, 55038 14XXX W Freeway Dr, Forest Lake, MN, 55038 14XXX W Freeway Dr, Forest Lake, MN, 55038 14XXX W Freeway Dr, Forest Lake, MN, 55038 14XXX W Freeway Dr, Forest Lake, MN, 55038 14XXX W Freeway Dr, Forest Lake, MN, 55038 14XXX W Freeway Dr, Forest Lake, MN, 55038 14XXX W Freeway Dr, Forest Lake, MN, 55038 14XXX W Freeway Dr, Forest Lake, MN, 55038
FOR SALE
Property Type:
Commercial Land Development
Amount:
Please Call Broker for Price

Last Verified:
Feb 18, 2025

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Highlights

  • ±8.39 AC of prime development land along one of Minnesota's busiest highways
  • This Property would be ideal for a retail, light industrial, or mixed use development
  • At the confluence of I-35E and I-35W; great visibility from I-35 that sees over 84,000 VPD
  • Water and sewer are readily available
  • Nearby businesses include Running Aces Casino, Hotel & Racetrack, Camping World, and more
  • Only minutes from Forest Lake, MN, and under 30 miles from both downtown Saint Paul and downtown Minneapolis

Description

SVN | Northco is pleased to present for sale, as exclusive advisor to ownership, ±8.39 acres of prime development land along I-35 near Forest Lake, MN. The parcel, located at 14XXX W Freeway Dr in Columbus ("Property"), is strategically located just north of the core Twin Cities at the confluence of I-35E and I-35W, this ±8.4 acre parcel is highly visible to over 84,000 passing vehicles per day, and features frontage and potential for signage along the busiest thoroughfare heading North from the Twin Cities, I-35. The Property is situated only a couple of minutes from the charming town of Forest Lake, MN, which boasts a variety of dining options, boutique shops, and local amenities. Flexible Highway Commercial Zoning allows for a wide variety of developments and businesses. The Property can be easily connected to water and sewer. This is a prime opportunity for developers, investors, and business owners looking for a strategic location for their next venture in the Minneapolis-Saint Paul metropolitan area.

Located off of Interstate 35 where 35E and 35W meet, this parcel sees over 84,000 passing vehicles per day. This parcel features frontage and potential for signage along the busiest thoroughfare heading North from the Twin Cities. Just North of Saint Paul and Minneapolis, and just a couple of minutes from the charming town of Forest Lake, MN, which boasts a variety of dining options, boutique shops, and local amenities. This parcel is on the way to (when traveling from the South), and only 1 mile away from Running Aces Casino, Hotel & Racetrack.

Lot Size: 8.39 acres


Documents

Sale Brochure - 14XXX W Freeway Dr, Forest Lake

Map of 14XXX W Freeway Dr, Forest Lake, MN, 55038

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
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