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    OFF-MARKET
    Land

    371 Ironwood Dr Hwy, Baxter, MN 56425

    8.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8.8-acre commercial land parcel presents a remarkable development opportunity in Baxter, Minnesota. Strategically located on Ironwood Drive and Hwy 371, this property boasts unparalleled visibility and convenient access via County Road 48. The Mixed-Use (MU) zoning allows for a variety of development options, catering to both commercial and residential projects. Its prime location offers significant advantages, situated adjacent to the planned Wondertrek Children's Museum and a future Knute Nelson Senior Living Facility, ensuring high foot traffic and strong community engagement. The expansive acreage provides ample space for large-scale projects while maintaining easy access to the Paul Bunyan Trail. This location also benefits from proximity to schools, churches, shopping centers, restaurants, entertainment venues, and recreational facilities, making it an attractive destination for businesses and residents alike. The property's address is Ironwood Dr Hwy 371, Baxter, MN 56425, within Crow Wing County. The asking price for this exceptional development opportunity is $499,000. Don't miss this chance to secure a prominent position in a thriving Minnesota community.

    Property profile
    Verified
    Property type Land
    Lot 8.8 ac (383,328 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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