0 Elder Dr, Baxter, MN 56425
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.