L2B3 Fiber Dr, Baxter, MN 56425
This exceptional 0.5-acre commercial lot presents a unique investment opportunity in Baxter, Minnesota. Located at L2B3 Fiber Drive, this property boasts an APN of 40180655 and is zoned R1 - Low Density Residential, offering flexibility for various commercial uses subject to local regulations. The lot's size provides ample space for development, while its convenient location offers easy access to Highway 371. The address is situated in Crow Wing County, within the 56425 zip code, providing proximity to schools, churches, shopping, dining, and recreational activities. The tranquil, forested setting offers a blend of privacy and convenience, making it an ideal location for a variety of commercial ventures. Priced affordably at $40,000, this property represents a compelling opportunity for investors seeking a strategic foothold in the thriving Baxter market. Serious inquiries are encouraged to explore the potential of this exceptional land parcel. Further due diligence is recommended to confirm zoning compliance and permitted uses with the relevant local authorities. This is a rare chance to acquire a well-situated commercial lot in a desirable location.
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.