Property profile

L1B3 Forestview Dr Baxter, MN 56425

OFF-MARKET
Land
0.47 ac lot
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Property summary

AI-generated overview

This exceptional 0.47-acre commercial lot, located at L1B3 Forestview Dr, Baxter, MN 56425 (APN 40180654), presents a unique investment opportunity. Zoned R1 - Low Density Residential, this property offers flexibility for various commercial uses, subject to local regulations. Situated in Crow Wing County, the land enjoys a peaceful setting while remaining conveniently close to Highway 371. The location provides easy access to schools, churches, shopping, dining, and recreational activities, making it an attractive site for businesses seeking a blend of tranquility and accessibility. The lot's size allows for ample development potential, catering to a range of commercial ventures. This prime location in Baxter, Minnesota, offers a compelling opportunity to establish a thriving business in a desirable community. Serious inquiries are encouraged to explore the possibilities this property presents. The asking price is $40,000.

Property profile

Verified
Property type Land
Lot 0.47 ac (20,473 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

L1B3 Forestview Dr Baxter, MN 56425
Baxter metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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