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

    Fairview Rd N Baxter, MN

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $200,000

    Commercial land for office or service business in Baxter, MN.

    Type:LAND
    Lot size:
    1.98 Acres
    Added:
    Mar 14, 2025
    Days on Market:
    384
    Last Refresh:
    Mar 29 at 10:41 pm

    Property Features for Fairview Rd N

    General Information

    Standard status
    Active
    Lot size
    1.98 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Christopher C. Close

    Listing agent Christopher C. Close

    Listing office Close-Converse Commercial Properties

    Listing date Mar 14, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Close-Converse Commercial Properties

    Overview

    Buildable Acreage on Hwy 210

    This property offers buildable acreage along Highway 210 in Baxter, Minnesota. It presents an opportunity for an office or service business to construct a new facility. The location is west of the Highway 210/Highway 371 stoplight intersection and east of The Fairview Office Park. The property benefits from high daily traffic counts and exposure along the corridor.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Baxter
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.237
    Latitude
    46.3531

    Nearby Similar for Sale

    • $599,900

      Versatile Commercial Building, Baxter, MN

      Versatile commercial building on nearly an acre, convenient location.
      7590 Design Road, Baxter, MN 56425
      View Details
    • $499,000
      4,576 SF

      Fully Occupied Baxter Industrial Building

      Industrial office building in Baxter Industrial Park, fully occupied.
      7771 College Rd, Baxter, MN 56425
      View Details
    • $275,000

      Prime Commercial Lot in Baxter

      4.54-acre commercially-zoned land in a highly desirable Baxter location.
      7096 Fairview Road, Baxter, MN 56425
      View Details
    • $549,000
      4,336 SF

      Versatile Industrial Office Building

      Industrial office building for sale or lease in Baxter, MN.
      7953 College Rd, Baxter, MN
      View Details
    • $249,900

      Baxter, MN Commercial Land

      Commercial land with high visibility and access in Baxter, MN.
      Tbd Excelsior Road, Baxter, MN 56425
      View Details
    • $44,900

      Wooded Lot in Baxter Location

      Wooded lot in desirable Baxter location, build your dream home.
      TBD Clearwater Road North, Baxter, MN 56425
      View Details
    • $1,700,000
      6,802 SF

      Former Restaurant Building on Highway

      Restaurant building on a bustling highway corridor in Baxter, MN.
      15115 Edgewood Dr, Baxter, MN
      View Details
    • $1,300,000
      7,352 SF

      Baxter Retail/Warehouse Space For Lease

      Retail and warehouse space with highway visibility in Baxter, MN.
      8194 Fairview Rd, Baxter, MN
      View Details
    • $59,900

      Residential Land in Baxter, MN

      Residential land for sale, wooded lot with river view.
      Tbd Eagle Ridge, Baxter, MN 56425
      View Details
    • $699,000
      2,250 SF

      Fairview Office Park Opportunity

      Multi-tenant office building in thriving Baxter location for lease.
      13760 Bluestem Ct, Baxter, MN
      View Details
    • $699,000
      4,500 SF

      Fairview Office Park Investment Opportunity

      Multi-tenant office building in Baxter, MN with investment potential.
      13760 Bluestem Court, Baxter, MN 56425
      View Details
    • $699,000
      4,500 SF

      Office Investment Opportunity in Baxter

      Multi-tenant office building for sale in thriving Baxter location.
      13760 Bluestem Court, Baxter, MN 56425
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land for office or service business in Baxter, MN.
    Where is this commercial land located?
    The property is located at Fairview Rd N Baxter, MN.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Buildable acreage on Hwy 210; Ideal for office or service business; High daily traffic counts
    (218) 831-7510
    We can help!
    Listing Contact
    Christopher C. Close
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!