Technical
Financial
Distress signals
Property profile

L6B2 Forestview Dr Baxter, MN 56425

OFF-MARKET
Land
0.62 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.62 ac (27,007 SF)

Cap rate & NOI

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

Location

L6B2 Forestview Dr Baxter, MN 56425
Baxter metro
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Value estimations

Realmo proprietary · 4 methods
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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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