371 Lot A Hwy, Baxter, MN 56401
This exceptional 7.8-acre commercial land parcel presents a remarkable investment opportunity in Brainerd, Minnesota. Strategically located on Highway 371, approximately 6.5 miles north of the Highway 371/Highway 210 intersection, this property boasts approximately 645 feet of prime highway frontage, ensuring exceptional visibility and accessibility. The site is situated in Commercial District 2 zoning, offering a wide range of development possibilities. While the property includes approximately 2.8 acres of wetlands, the remaining acreage provides ample space for various commercial ventures, including retail, storage, warehouse, or outdoor display uses. The high traffic count of 18,192 vehicles daily on Highway 371 in 2023 underscores the significant potential for attracting customers and maximizing business exposure. Utilities such as natural gas, electricity, phone, and internet are available, although a well and sewer system will need to be installed. The property is part of a larger 21.8-acre parcel, offering potential for expansion or joint ventures. Neighboring businesses include a diverse range of establishments, creating a vibrant and established commercial environment. This property is being sold for $599,000 and is subject to platting; the 2024 property taxes are to be determined. The legal description and PID are to be assigned upon platting. This is an ideal location for businesses seeking high visibility and convenient access to a major transportation artery. Don't miss this chance to secure a prominent position in a thriving commercial corridor.
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
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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.