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    13495 Elder Dr S Baxter, MN 56425

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    For Sale
    $2,800,000

    Office/retail strip center near major retailers in Baxter, Minnesota.

    Property size:
    14,801 SF
    Lot size:
    2.45 Acres

    Property Features for 13495 Elder Dr S

    General Information

    Size
    14,801 SF
    Lot size
    2.45 Acres

    Source: Close-Converse Commercial Properties Agent Christopher C. Close

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Strip Center Investment Opportunity

    Northwood Plaza is a 14,801-square-foot office and retail strip center located in Baxter, Minnesota. The property is positioned on a corner near several big-box retailers, including Costco, Home Depot, Hobby Lobby, and Super Wal-Mart. The property benefits from high traffic counts, excellent visibility, and synergistic neighbors within a growing commercial area. Suite 100, comprising 1,808 square feet, is leased to Greenhaven Family Dental. Suite 120, offering 2,838 square feet, is leased to Sleep Center of Central MN. Artisan Windows & Doors occupies Suite 130, which measures 1,554 square feet. Miracle Ear leases Suite 140, providing 1,550 square feet. Suite 160, totaling 4,026 square feet, is leased to Play It Again Sports. Suite 150, which offers 3,025 square feet, is currently available and has drive-thru potential. This property presents an investment opportunity in a retail strip center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    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
    -94.2490419
    Latitude
    46.3471706

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    FAQs

    What type of property is this?
    Strip mall - Office/retail strip center near major retailers in Baxter, Minnesota.
    Where is this strip mall located?
    The property is located at 13495 Elder Dr S Baxter, MN.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - Prime corner location in Baxter near major retailers like Costco and Home Depot.; - High traffic counts and excellent visibility.; - Synergistic mix of existing tenants.
    (218) 831-7510
    Request Owner's contact information
    13495 Elder Dr S 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 S Baxter, MN 56425
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