Property profile

371 Ironwood Dr Hwy Baxter, MN 56425

OFF-MARKET
Land
8.8 ac lot
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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

Location

371 Ironwood Dr Hwy 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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