0 Forestview Dr & Parkview Cir, Baxter, MN 56425
This exceptional 5.77-acre commercial land parcel presents a unique development opportunity in the desirable Baxter, Minnesota area. Located at the intersection of Forestview Drive and Parkview Circle, this property boasts nearly 400 feet of picturesque Mississippi River frontage. The land is zoned R1-Low Density Residential, making it ideal for a developer seeking to create individual single-family home lots. The property's convenient location offers easy access to Highway 371, ensuring seamless connectivity to the broader Brainerd/Baxter area. Residents will enjoy proximity to a variety of amenities, including schools, churches, shopping centers, restaurants, entertainment venues, and recreational facilities. The property consists of three separate parcels, with APN numbers 40240703, 40240704, and 40240647. This prime location, combined with its generous size and desirable zoning, makes this an exceptional investment opportunity for discerning developers. The property is situated in Crow Wing County, Minnesota, with a Baxter, MN 56425 zip code. This is a rare chance to acquire a substantial tract of land with significant development potential in a thriving community. Don't miss this chance to build your next project in a highly sought-after location.
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.