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INVESTMENT HIGHLIGHTS
- ±8.39 acres of prime development land along one of Minnesota's busiest highways
- At the confluence of I-35E and I-35W; great visibility from I-35 that sees over 84,000 VPD
- Nearby businesses include Running Aces Casino, Hotel & Racetrack, Camping World, and more
- This Property would be ideal for a retail, light industrial, or mixed use development.
- Water and sewer are readily available
- Only minutes from Forest Lake, MN, and under 30 miles from both downtown Saint Paul and downtown Minneapolis
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $599,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 8.39 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | ||
| Zoning | Highway Commercial - Highway Commercial, Columbus | ||
| Price | $599,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 8.39 AC |
| No. Stories | 1 |
| Zoning | Highway Commercial - Highway Commercial, Columbus |
1 LOT AVAILABLE
Lot
| Price | $599,000 | Lot Size | 8.39 AC |
| Price Per AC | $71,394.52 |
| Price | $599,000 |
| Price Per AC | $71,394.52 |
| Lot Size | 8.39 AC |
8.39 Acres of commercial land along I-35 in Hugo, just north of the Twin Cities
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 conuence 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. 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 coming from the South), and only 1 mile away from Running Aces Casino, Hotel & Racetrack.
PROPERTY TAXES
| Parcel Number | 25-32-22-34-0002 | Improvements Assessment | $29,600 |
| Land Assessment | $625,300 | Total Assessment | $654,900 |
PROPERTY TAXES
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