371 Lot B Hwy Baxter, MN 56401
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Land
Property Details for 371 Lot B Hwy
- Lot size
- 5.30 lot acres
- Property type
- Land
Description
This exceptional 5.3-acre commercial land parcel presents a prime development opportunity in Baxter, Minnesota. Strategically located on Highway 371, approximately 6.5 miles north of the Highway 371/Highway 210 intersection, this property boasts approximately 445 feet of road frontage, ensuring high visibility and accessibility. The asking price is $499,000. Zoned as Commercial District 2, this site is ideal for a variety of commercial uses, including retail, storage, warehouse, or outdoor display. The property is part of a larger 21.8-acre parcel, offering potential for expansion or joint development. While the property includes approximately one acre of wetland, the remaining acreage provides ample space for development. Utilities such as natural gas, electricity, phone, and internet are available, although connection to the site will require installation. Similarly, a well and sewer system will need to be installed. The high traffic count on Highway 371, recorded at 18,192 vehicles in 2023, underscores the significant potential for attracting customers. Neighboring businesses include a diverse range of establishments, creating a vibrant and established commercial environment. The property's legal description and PID are to be assigned upon platting. 2024 property taxes are available upon request. This is a remarkable opportunity to capitalize on a high-traffic location and develop a thriving commercial venture.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baxter
- County
- Crow Wing
- State
- Minnesota
- Longitude
- -94.2674
- Latitude
- 46.3176
