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    13495 Elder Dr Baxter, MN 56425

    For Sale
    $2,100,000

    High-traffic retail center, prime Baxter location.

    Property size:
    14,801 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity presents a 14,801 square foot retail strip center strategically located at 13495 Elder Drive in Baxter, Minnesota. Situated on a desirable 2.45-acre corner lot, this property boasts unparalleled visibility and accessibility, benefiting from its proximity to major retail anchors such as Costco, Home Depot, and Super Walmart. The high traffic counts generated by these established businesses translate into significant foot traffic for current tenants, ensuring a robust and consistent customer base. The synergistic nature of the neighboring businesses creates a thriving commercial environment, further enhancing the value and appeal of this property. This well-maintained retail center offers a compelling investment opportunity for those seeking a stable and high-growth potential asset in a rapidly developing commercial area. The existing tenants benefit from excellent visibility and a strong customer base, making this a turnkey investment with immediate income potential. The property's prime location and established tenant base make it an attractive option for both seasoned investors and those new to the commercial real estate market. The substantial size of the property, combined with its strategic location, presents a unique opportunity for expansion or redevelopment, allowing for future growth and increased profitability. This is a rare chance to acquire a thriving retail center in a prime Baxter location.

    Property Features for 13495 Elder Dr

    General Information

    Property type
    Retail properties
    Square Feet
    14,801 SF
    Lot Size
    106,722 SF

    Building Details

    Year Built
    2006
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Dental Office Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baxter
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.25001
    Latitude
    46.34716

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail center, prime Baxter location.
    Where is this retail property located?
    The property is located at 13495 Elder Dr Baxter, MN.
    What is the asking price?
    The asking price for this property is $2,100,000.
    (218) 828-3334
    Request Owner's contact information
    13495 Elder Dr Baxter, MN 56425
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    Baxter, MN 56425
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    Realmo Value Estimation

    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.

    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.

    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
    13495 Elder Dr Baxter, MN 56425
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