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Commercial Land Development Site
For Sale
$2,500,000

Lot 8 Novotny Road, Baxter, MN 56425

Development site suited to restaurant, retail, office-service, or residential use.

Property SizeContact for details
Days on Market16

Property Features for Lot 8 Novotny Road

General Information

Standard status Active
Property subtype Land
Listing Agency: Realty Xperts
Listed By: Jameson Melbye
Source: Mnwirealestatehub
Added: Sep 13 Changed: Sep 26 Last Checked: Sep 26 at 7:12AM

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 Realty Xperts

Investment Insights

Based on property information with market context.

Commercial land positioned along the Hwy 371 corridor in Baxter, with multiple sites identified for development. The available use categories include restaurant, retail, office-service, and residential projects.

The property is close to large hotels and newer business activity, including Kwik Trip and the Department of Veterans Affairs. The neighboring Lofts on Novotny development includes a newer 3-story, 64-unit luxury apartment building with numerous amenities, adding established residential context to the surrounding area.

Key Highlights

  • Commercial land along the Hwy 371 corridor in Baxter
  • Multiple sites available for restaurant, retail, office‑service, or residential development
  • Close to large hotels and newer businesses

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Locksmith Grocery & Convenience Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development site suited to restaurant, retail, office-service, or residential use.
Where is this commercial land located?
The property is located at Lot 8 Novotny Road Baxter, MN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Commercial land along the Hwy 371 corridor in Baxter; Multiple sites available for restaurant, retail, office‑service, or residential development; Close to large hotels and newer businesses
More about this property
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