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    South & Hwy 371 Baxter, MN 56425

    For Sale
    Contact for pricing

    7.9-acre commercial land, Hwy 371 visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 7.9-acre commercial land parcel presents a prime development opportunity in Baxter, Minnesota's thriving Central Lakes Crossing. Strategically located on Glory Road South and Highway 371, this outlot enjoys unparalleled visibility and accessibility, benefiting from approximately 21,900 vehicles per day passing on Highway 371. Its adjacency to a Walmart store ensures high traffic and strong consumer presence. The property is zoned for a variety of uses, including retail, office, medical office, automotive dealerships, self-storage facilities, multi-family residential, and senior housing. Conceptual plans allow for multiple buildings ranging from 10,000 to 50,000 square feet, offering flexibility for developers. The site is divisible into one-acre lots, catering to various project scales. This location serves the entire Brainerd Lakes area, providing access to a substantial and growing market. The property is offered for sale, lease, or build-to-suit opportunities, with pricing available upon request. APN: 40070959. This is a rare opportunity to acquire a highly visible and versatile commercial property in a rapidly developing area.

    Property Features for 0 South & Hwy 371

    General Information

    Property type
    Land
    Lot Size
    344,124 SF

    HighLights

    • Sale/Lease/Build‑to‑Suit Opportunity
    • Walmart Outlot Available
    • 7.9‑Acre Site, Divisible
    • Price Negotiable
    • Suitable for Retail, Office, Medical, Multifamily, Senior Housing, Automotive, or Self‑Storage Development
    • Developer‑Driven Project
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baxter
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.2449878
    Latitude
    46.3444762

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    FAQs

    What type of property is this?
    Land - 7.9-acre commercial land, Hwy 371 visibility.
    Where is this land located?
    The property is located at South & Hwy 371 Baxter, MN.
    What are key features of this property?
    This property features: Sale/Lease/Build-to-Suit Opportunity; Walmart Outlot Available; 7.9-Acre Site, Divisible
    Request Owner's contact information
    South & Hwy 371 Baxter, MN 56425
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    Baxter, MN 56425
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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
    South & Hwy 371 Baxter, MN 56425
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