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    371 & Highland Scenic Rd Baxter, MN 56425

    Sponsored
    For Sale
    Contact for pricing

    Prime Baxter land, multiple uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 73.11-acre property presents a remarkable investment opportunity in Baxter, Minnesota. Strategically located at the intersection of State Highway 371 and Highland Scenic Road, this expansive parcel offers unparalleled visibility and accessibility. The land is zoned for Neighborhood Commercial and Business Gateway uses, providing flexibility for a diverse range of development projects. Envision a medical facility, retail center, showroom, or even a residential community—the possibilities are vast. The property's prominent Highway 371 frontage ensures high traffic exposure, maximizing potential for any commercial venture. Situated in the heart of Minnesota's renowned Lakes region, this location benefits from a robust local population that swells to over 200,000 during peak tourist season. The property's proximity to the major corridor serving the Brainerd Lake Region further enhances its appeal. This growing area, served by Brainerd Public School District 181, offers a strong foundation for long-term growth and return on investment. The APN numbers are 40180622, 40180618, 40180621, and 40180607. This is a truly unique opportunity to capitalize on the thriving Baxter market and its significant potential for future development.

    Property Features for 371 & Highland Scenic Rd

    General Information

    Property type
    Land
    Lot Size
    3,184,672 SF

    HighLights

    • 73.11‑acre parcel with frontage on Hwy 371 and Highland Scenic Drive.
    • Zoned Neighborhood Commercial and Business Gateway, allowing for diverse development.
    • Excellent location for retail, restaurants, medical, hospitality, or entertainment uses.
    • Served by Brainerd Public School District 181.
    • Strong growth potential in a thriving trade area near the Brainerd Lake Region corridor.
    • Significant seasonal population increase, from 70,000 to over 200,000 during peak tourism.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baxter
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.25653489868
    Latitude
    46.336151871503

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    FAQs

    What type of property is this?
    Land - Prime Baxter land, multiple uses.
    Where is this land located?
    The property is located at 371 & Highland Scenic Rd Baxter, MN.
    What are key features of this property?
    This property features: 73.11-acre parcel with frontage on Hwy 371 and Highland Scenic Drive.; Zoned Neighborhood Commercial and Business Gateway, allowing for diverse development.; Excellent location for retail, restaurants, medical, hospitality, or entertainment uses.
    Request Owner's contact information
    371 & Highland Scenic Rd 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
    371 & Highland Scenic Rd Baxter, MN 56425
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