for sale - $799,000... tom opsahl lucas gaughan senior associate vp of commercial accounts...

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WWW.GAUGHANCOMPANIES.COM TOM OPSAHL LUCAS GAUGHAN Senior Associate VP of Commercial Accounts 651.255.5569 651.255.5578 [email protected] [email protected] FOR SALE - $799,000 20640 HAMLET AVE, FOREST LAKE, MN 55025 20640 HAMLET AVE

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Page 1: FOR SALE - $799,000... TOM OPSAHL LUCAS GAUGHAN Senior Associate VP of Commercial Accounts 651.255.5569 651.255.5578 TomOpsahl@GaughanCompanies.com LucasGaughan@GaughanCompanies.com

WWW.GAUGHANCOMPANIES.COM

TOM OPSAHL LUCAS GAUGHANSenior Associate VP of Commercial Accounts

651.255.5569 [email protected] [email protected]

FOR SALE - $799,000

20640 HAMLET AVE, FOREST LAKE, MN 5502520640 HAMLET AVE

Page 2: FOR SALE - $799,000... TOM OPSAHL LUCAS GAUGHAN Senior Associate VP of Commercial Accounts 651.255.5569 651.255.5578 TomOpsahl@GaughanCompanies.com LucasGaughan@GaughanCompanies.com

TOM OPSAHL LUCAS GAUGHANSenior Associate VP of Commercial Accounts

651.255.5569 [email protected] [email protected]

PROPERTY HIGHLIGHTS

• Prime Residential Development Opportunity:

• City services are at the property and ready to go.

• Superb Location: close proximity to schools, public transit, YMCA

(new!), Washington County Library (new!), bike trails, parks, hockey

facility, and ball fields.

• Award winning schools

• Non-metered access onto Interstate 35

• Excellent proximity to recreation in northern MN and WI!

OFFERING SUMMARY

Sale Price: $799,000

Price / Acre: $22,829

Lot Size: 35 Acres

Market: MN-Minneapolis

EXECUTIVE SUMMARY

20640 HAMLET AVE, FOREST LAKE, MN 55025

Land For Sale 20640 Hamlet Ave

Page 3: FOR SALE - $799,000... TOM OPSAHL LUCAS GAUGHAN Senior Associate VP of Commercial Accounts 651.255.5569 651.255.5578 TomOpsahl@GaughanCompanies.com LucasGaughan@GaughanCompanies.com

TOM OPSAHL LUCAS GAUGHANSenior Associate VP of Commercial Accounts

651.255.5569 [email protected] [email protected]

LOCATION MAPS

20640 HAMLET AVE, FOREST LAKE, MN 55025

Land For Sale 20640 Hamlet Ave

Page 4: FOR SALE - $799,000... TOM OPSAHL LUCAS GAUGHAN Senior Associate VP of Commercial Accounts 651.255.5569 651.255.5578 TomOpsahl@GaughanCompanies.com LucasGaughan@GaughanCompanies.com

TOM OPSAHL LUCAS GAUGHANSenior Associate VP of Commercial Accounts

651.255.5569 [email protected] [email protected]

* Demographic data derived from 2010 US Census

POPULATION 1 MILE 5 MILES 10 MILESTOTAL POPULATION 1,000 32,932 73,552MEDIAN AGE 37.7 37.9 38.6MEDIAN AGE (MALE) 38.6 37.9 37.9MEDIAN AGE (FEMALE) 37.2 38.2 39.4

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILESTOTAL HOUSEHOLDS 359 12,709 28,377# OF PERSONS PER HH 2.8 2.6 2.6AVERAGE HH INCOME $85,486 $77,318 $78,975AVERAGE HOUSE VALUE $385,375 $382,104 $325,062

ETHNICITY 1 MILE 5 MILES 10 MILES% HISPANIC 1.3% 2.1% 2.2%

RACE 1 MILE 5 MILES 10 MILES% WHITE 97.7% 96.2% 96.5%% BLACK 0.2% 0.5% 0.3%% ASIAN 1.0% 1.1% 1.4%% HAWAIIAN 0.0% 0.0% 0.0%% INDIAN 0.3% 0.6% 0.4%% OTHER 0.0% 0.3% 0.4%

DEMOGRAPHICS MAP

20640 HAMLET AVE, FOREST LAKE, MN 55025

Land For Sale 20640 Hamlet Ave