L6B2 Forestview Dr, Baxter, MN 56425
This exceptional 0.62-acre commercial lot, located at L6B2 Forestview Drive in Baxter, Minnesota (zip code 56425), presents a unique investment opportunity. The property, identified by APN 40180652, is zoned R1 - Low Density Residential, offering flexibility for various commercial uses subject to local regulations. Situated in Crow Wing County, this land boasts a tranquil setting while enjoying convenient access to Highway 371. The proximity to schools, churches, shopping, dining, and recreational activities enhances its appeal. The asking price for this prime parcel is $40,000. Buyers are encouraged to conduct their own due diligence regarding permitted uses and development possibilities under the existing R1 zoning. This is an excellent chance to acquire a strategically located commercial lot in a desirable Baxter neighborhood. The property's size and location make it ideal for a variety of commercial ventures, providing a solid foundation for future growth and development. Don't miss this opportunity to secure this valuable asset in a thriving Minnesota community.
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
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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.