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    Elder Dr Baxter, MN 56425

    • Land
    • 2.48 lot acres
    For Sale
    View listing
    $799,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Elder Dr

    Lot size
    2.48 lot acres
    Property type
    Land

    Description

    This exceptional 2.48-acre commercial land parcel presents a remarkable investment opportunity in Baxter, Minnesota. Zoned C2 - Regional Commercial, this property boasts unparalleled visibility and accessibility, with road frontage on all sides. Its strategic location places it in close proximity to major retail anchors such as Costco, Home Depot, and Super Walmart, as well as numerous other medium-sized retailers and medical service businesses. This synergistic environment ensures high traffic counts and excellent exposure for any commercial development. The property's substantial size offers ample space for a variety of commercial ventures, capitalizing on the thriving commercial activity in the area. The asking price is $799,000. Situated in Crow Wing County, at the address Elder Dr S, Baxter, MN 56425 (latitude 46.3471122, longitude -94.2489464), this site is ideally positioned to benefit from the continued growth and development of the Baxter commercial sector. This is a rare opportunity to acquire a prime commercial site in a high-demand location. Don't miss out on this chance to establish your business in a thriving and well-established commercial area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Baxter
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.2489
    Latitude
    46.3471

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    Elder Dr
    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
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