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    OFF-MARKET
    Land

    L1B1 Forestview Dr, Baxter, MN 56425

    0.85 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.85-acre commercial lot, located at L1B1 Forestview Dr S in Baxter, Minnesota (zip code 56425), presents a unique investment opportunity. The property, identified by APN 40180646, is zoned R1 - Low Density Residential, offering flexibility for various commercial uses subject to local regulations. Situated in Crow Wing County, this land provides convenient access to Highway 371, placing it within easy reach of schools, churches, shopping centers, restaurants, and recreational amenities. The tranquil, wooded setting offers a blend of privacy and accessibility. While the marketing materials mention residential development, the property's commercial designation and zoning should be carefully considered by prospective buyers to ensure alignment with their intended use. The asking price for this 0.85-acre parcel is $40,000. Interested parties are encouraged to conduct their own due diligence and verify zoning regulations with the appropriate authorities before making an offer. This is a prime opportunity to acquire a commercially-zoned lot in a desirable Baxter location.

    Property profile
    Verified
    Property type Land
    Lot 0.85 ac (37,026 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
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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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