Warehouse and Showroom
For Sale
$1,590,000
14305 Edgewood Drive North, Baxter, MN 56425
Large building with showroom space and warehouse area with two dock doors, supported by ample parking and signage.
Property Size20,000 SF
Price / SF$79.50
Days on Market241
Property Features for 14305 Edgewood Drive North
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Retail - Freestanding
Additional Details
Traffic Count
32,000 vehicles/day
Dock-High Doors
2
Amenities
ample parking
signage
Building Details
Building Size
20,000 SF
Year Built
2001
Listing Agency:
Brisky Net Lease
Listed By:
Max Mantey · License #40725272
Source:
Commercialcafe
Added: Mar 3
Changed: Oct 25
Last Checked: Oct 30 at 11:08AM
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 Brisky Net Lease
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property offers a large building configuration designed for both showroom presence and warehouse functionality. Approximately 12,000 SF is dedicated to showroom space, with the remainder used as warehouse space, including two dock doors.
The site is positioned along Edgewood Drive in Baxter, with access supported by a large lot, ample parking, and signage. The surrounding retail corridor includes major national retailers such as Target, Costco, Kohl’s, Walmart, and Home Depot, and the property also benefits from strong daily traffic associated with nearby State Highway 371. The building is located directly adjacent to a significant new Essentia Health development described as a 60,000 SF facility.
As of Q4 2025, the remarks indicate no retail space was under construction in the Brainerd market and report a low vacancy rate of 1.7%. The asset is presented as a redevelopment opportunity suitable for a wide range of future uses.
The site is positioned along Edgewood Drive in Baxter, with access supported by a large lot, ample parking, and signage. The surrounding retail corridor includes major national retailers such as Target, Costco, Kohl’s, Walmart, and Home Depot, and the property also benefits from strong daily traffic associated with nearby State Highway 371. The building is located directly adjacent to a significant new Essentia Health development described as a 60,000 SF facility.
As of Q4 2025, the remarks indicate no retail space was under construction in the Brainerd market and report a low vacancy rate of 1.7%. The asset is presented as a redevelopment opportunity suitable for a wide range of future uses.
Key Highlights
- Large 20,000 SF building with approximately 12,000 SF showroom space and the remainder dedicated to warehouse space
- Warehouse includes two dock doors
- Easily accessible with a large lot, ample parking, and signage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$142,295
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,845,900
$2.8M
Cap Rate 7%
$2,032,786
$2.0M
Cap Rate 9%
$1,581,056
$1.6M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$174.2K $8.71/SF
− Vacancy
−$6.8K −$0.34/SF
EGI
$167.4K $8.37/SF
− OpEx
−$25.1K −$1.26/SF
NOI
$142.3K $7.11/SF
Area
Crow Wing County, MN
Vacancy
3.90%
Lease Rate
$8.71 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,845,900
Cap Rate 7%
$2,032,786
Cap Rate 9%
$1,581,056
Alternative Uses
Best Use
Retail
$2.65M
$2.32M – $3.09M
NOI $185,472 @ 7.0% cap · market cap 11.66%
Second Best
Flex RnD
$2.62M
$2.30M – $3.06M
NOI $183,690 @ 7.0% cap · market cap 11.55%
Theoretical Best
Office A
$4.25M
$3.72M – $4.95M
NOI $297,216 @ 7.0% cap · market cap 18.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Dock-high doors
32,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 56425, MN
8,584
Population
3,898
Households
2.2
Avg Household Size
41
Median Age
38%
College-Educated
97%
High-School Grad
18.3 sq mi
ZIP Area
469
Density / Sq Mi
$71,294
Median Household Income
$45,777
Median Earnings
$1,115
Median Rent
$299,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Large building with showroom space and warehouse area with two dock doors, supported by ample parking and signage.
Where is this flex space located?
The property is located at 14305 Edgewood Drive North Baxter, MN.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Large 20,000 SF building with approximately 12,000 SF showroom space and the remainder dedicated to warehouse space; Warehouse includes two dock doors; Easily accessible with a large lot, ample parking, and signage
