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    Mesabi Rd Baxter, MN

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    For Sale
    $800,000

    Prime land for residential development in a desirable Baxter location.

    Lot size:
    32.78 Acres

    Property Features for Mesabi Rd

    General Information

    Lot size
    32.78 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

    Baxter Land Development Opportunity

    This expansive parcel presents a development opportunity in Baxter, Minnesota. Situated just off Forestview Drive, the land is suitable for both low- and high-density residential development. The property is surrounded by mature woodlands, offering a private setting. Its location provides access to Hwy 371 and proximity to schools, churches, shopping centers, restaurants, and recreational amenities. This land offers the space, location, and natural beauty to bring your vision to life in one of central Minnesota’s most desirable and fast-growing communities.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Baxter
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.2686378
    Latitude
    46.3483626

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    FAQs

    What type of property is this?
    Land - Prime land for residential development in a desirable Baxter location.
    Where is this land located?
    The property is located at Mesabi Rd Baxter, MN.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Prime development opportunity for low- and high-density residential development.; - Excellent location off Forestview Drive in the heart of Baxter.; - Close proximity to Hwy 371, schools, churches, shopping, restaurants, and recreation.
    (218) 831-7510
    Request Owner's contact information
    Mesabi Rd Baxter, MN
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    Baxter, MN
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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
    Mesabi Rd Baxter, MN
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