Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    39Th St SE Baudette, MN 56623

    View on Map
    Sponsored
    For Sale
    $196,500

    Lots & Land - Baudette, MN

    Lot size:
    360.00 Acres
    Days on Market:
    281
    Last Refresh:
    Mar 5 at 7:06 am

    Property Features for 39Th St SE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other
    APN
    371434000
    Lot size
    360.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Gabe Werra

    Timber Ghost Realty LLC (651) 329-0873

    Listing agent Gabe Werra (651) 329-0873

    Listing date May 29, 2025

    MLS# 6727392 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Hunting & Recreational Land

    This 360-acre property in Northern Minnesota offers diverse land with potential for both recreation and income. Approximately 40 acres are currently tillable, with an additional 30–40 acres suitable for conversion. The land borders thousands of acres of state land, providing extensive space for hunting, hiking, and exploring. Access is facilitated by a solid, minimum-maintenance gravel road regularly used by trucks. The east 160 acres features 1/4 mile of frontage on Hwy 72 and a full mile along a township road to the south, ensuring easy access from multiple directions. The area is known as a hotspot for deer, bear, and sharp tail grouse. It is also a short drive from Lake of the Woods, the Rainy River, and Upper Red Lake, offering access to fishing destinations. This property is located in Baudette, MN, in Lake of the Woods County. It is suitable for a hunting retreat, farmland expansion, or a land investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Baudette
    County
    Lake of the Woods
    State
    Minnesota
    Longitude
    -94.56113213
    Latitude
    48.58642146

    Nearby Similar for Sale

    • $1,000,000
      9,600 SF

      this near 10

      000 square foot retail sporting goods shop is located in West Baudette on Hwy. 11
      409 Main St, Baudette, MN 56623
      View Details
    • $139,900
      2,300 SF

      newer cosmetic updates and mulitple rooms for equipent setup. \""Finess On Main\"" currently has 150 members

      all newer equipment (with full free weight set-up) and stand up tanning bed. A turn-key business opportunity for any entrepreneur. Sale includes business and equipment only. Discount offered for initial lease term.""""}"""
      206 Main Ave, Baudette, MN 56623
      View Details

    FAQs

    What type of property is this?
    Land - 360 acres bordering state land, ideal for hunting and recreation.
    Where is this land located?
    The property is located at 39Th St SE Baudette, MN.
    What is the asking price?
    The asking price for this property is $196,500.
    What are key features of this property?
    This property features: - 360 acres bordering thousands of acres of state land for unlimited recreation.; - Prime hunting location for deer, bear, and sharp tail grouse.; - Excellent access via solid gravel road, Hwy 72, and township road frontage.
    (651) 329-0873
    Request Owner's contact information
    39Th St SE Baudette, MN 56623
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    39Th St SE
    Baudette, MN 56623
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    39Th St SE Baudette, MN 56623
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Gabe Werra
    (651) 329-0873
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!