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    OFF-MARKET
    Land

    0 Highway 371, Baxter, MN 56401

    21.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial land offering encompasses 21.8 acres (approximately 3.8 acres of wetlands) situated along the heavily trafficked Highway 371 corridor in Brainerd, Minnesota, just south of White Gables Road and north of Brainerd International Raceway. The property, identified as Lots A, B, and C, presents a remarkable development opportunity for a variety of commercial uses, including retail, storage, warehouse, and outdoor display. Boasting approximately 1,725 feet of highway frontage, this site ensures exceptional visibility and accessibility with multiple highway access points. The asking price for the entire parcel is $1,500,000. Individual lot pricing is available: Lot A (7.8 acres) for $599,000, Lot B (5.3 acres) for $499,000, and Lot C (8.7 acres) for $699,000. The property is zoned Commercial District 2 and is subject to platting. Utilities including natural gas, electricity, phone, and internet are available, though not currently connected to the site. Water and sewer will need to be installed. The property benefits from high traffic counts of 18,192 vehicles daily (2023 data) on Highway 371, and is surrounded by a thriving commercial area including numerous established businesses. This is a rare opportunity to acquire a significant commercial land parcel in a high-demand location. Further details are available upon request. The property is located in Crow Wing County, Minnesota, zip code 56401.

    Property profile
    Verified
    Property type Land
    Lot 21.8 ac (949,608 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
    AI Approach AI
    by Request
    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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