Prime Development Opportunity Near Forest Lake
Property Details
| Sale Price: | |
| Sale Price: | Subject To Offer |
| Property Type: | Land |
| Lot Size: | 8.39 Acres |
Property 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.
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
Map
Location Description
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.
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Available Spaces
Sale Brochure - 14XXX W Freeway Dr, Forest Lake| 2 Miles | 10 Miles | 30 Miles | |
|---|---|---|---|
| Total households | 345 | 68,727 | 1,050,260 |
| Total population | 949 | 184,006 | 2,641,016 |
| Population white | 84.8% | 81.7% | 67.8% |
| Population black | 1.3% | 4.1% | 11.6% |
| Population hispanic | 3.0% | 4.1% | 7.6% |
| Population asian | 7.1% | 6.1% | 8.7% |
| Population pacific islander | 0.0% | 0.0% | 0.0% |
| Population american indian | 0.3% | 0.5% | 0.8% |
| Population other | 0.5% | 1.5% | 3.8% |
| Persons per household | 2.8 | 2.7 | 2.5 |
| Average household income | $145,783 | $144,033 | $125,837 |
| Average house value | $481,051 | $444,903 | $420,709 |
| Average age | 39 | 41 | 40 |
| Average age male | 38 | 40 | 39 |
| Average age female | 39 | 41 | 40 |
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