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    OFF-MARKET
    Land

    0 Highway 371, Baxter, MN 56401

    29.9 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 29.9-acre commercial land parcel presents a remarkable investment opportunity along the heavily trafficked Highway 371 corridor in Brainerd, Minnesota. Situated just north of the Brainerd International Raceway, this property boasts approximately 1,716 feet of frontage on Highway 371, providing unparalleled visibility and accessibility. The land is zoned C-2, permitting a wide range of commercial developments, including retail, storage facilities, warehouses, and outdoor display areas. The property's dimensions are approximately 1,716’ x 198’ x 431’ x 687’ x 225’ x 341’ x 220’ x 776’ x 679’, with access points from both Highway 371 and White Gables Road. While the property includes approximately 6.2 acres of wetlands, the substantial remaining acreage offers ample space for significant development. The asking price is $1,500,000. The property's legal description includes APN numbers 99140712, 99140713, 99140714, 99140716, 99140728, and 99140731. Note that the final property layout and configuration are subject to Crow Wing County approval, and 2022 real estate taxes will be determined following parcel reconfiguration and platting. This prime location and versatile zoning make this an ideal site for a variety of commercial ventures. Don't miss this chance to acquire a significant piece of commercial real estate in a thriving area.

    Property profile
    Verified
    Property type Land
    Lot 29.9 ac (1,302,444 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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