L1B3 Forestview Dr, Baxter, MN 56425
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.
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.