0 Highway 371, Baxter, MN 56401
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.
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
Similar Nearby for Lease
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.