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    OFF-MARKET
    Land

    0 Elder Dr, Baxter, MN 56425

    2.48 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 2.48 ac (108,029 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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