371 Ironwood Dr Hwy, Baxter, MN 56425
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.
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.