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    Novotny Rd & Lk Frst Rd Brainerd, MN

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    For Sale
    $2,700,000

    Commercial acreage in high-visibility location suitable for various businesses.

    Lot size:
    10.99 Acres

    Property Features for Novotny Rd & Lk Frst Rd

    General Information

    Lot size
    10.99 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

    Commercial Land Along Highway 371

    This commercial acreage is located along Highway 371 in Baxter. The site is suitable for restaurant, retail, or office-service businesses. It is situated in a commercial neighborhood, offering high visibility, easy access, and exposure. The property is located close to hotels and retailers, including Kwik Trip. The neighboring development is the Lofts on Novotny, a 3-story, 64-unit apartment building with amenities. Other neighboring sites have potential development pending.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Brainerd
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.199982
    Latitude
    46.35297

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    FAQs

    What type of property is this?
    Commercial land - Commercial acreage in high-visibility location suitable for various businesses.
    Where is this commercial land located?
    The property is located at Novotny Rd & Lk Frst Rd Brainerd, MN.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Prime commercial acreage on busy Hwy 371 corridor.; - High visibility, easy access, and excellent exposure.; - Located in a premier commercial neighborhood.
    (218) 831-7510
    Request Owner's contact information
    Novotny Rd & Lk Frst Rd Brainerd, 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
    Novotny Rd & Lk Frst Rd Brainerd, MN
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