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    OFF-MARKET
    Land

    210 And Cypress Dr, Baxter, MN 56425

    1.33 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.33-acre commercial land parcel presents a remarkable investment opportunity in Baxter, Minnesota. Situated at the highly visible southeast corner of Highway 210 and Cypress Drive, this property boasts unparalleled access and exposure. The C2 - Regional Commercial zoning allows for a wide range of commercial uses, capitalizing on the substantial traffic counts of 24,400 vehicles daily on Highway 210 and 5,400 on Cypress Drive (north of Hwy 210). The lot features impressive road frontage: 152.74 feet along Highway 210 and 288.69 feet along Cypress Drive, offering ample space for development. With dimensions of approximately 150.78’ x 137.91’ x 152.74’ x 274’ x 228.22’, this property provides significant flexibility for design and construction. All city utilities are available, including water, sewer, natural gas, electricity, internet, and phone. The property's strategic location places it amongst established businesses such as Harley Davidson, Super One Foods, Americinn, and numerous others within the Baxter Industrial Park and surrounding areas. The asking price is $199,000, and the 2020 annual property tax was $11,642. The Parcel ID number is 40080799. This is a rare opportunity to acquire a prime commercial site in a thriving community. Don't miss out on this exceptional chance to establish your business in a high-traffic, highly visible location.

    Property profile
    Verified
    Property type Land
    Lot 1.33 ac (57,935 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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