Property profile

7837 Entire Bldg Excelsior Rd Baxter, MN 56425

OFF-MARKET
Retail properties & Spaces
6,311 SF 0.5 ac lot Built 2002
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 6,311 square foot retail building, situated on a half-acre lot at 7837 Excelsior Road in Baxter, Minnesota, presents a compelling investment opportunity. The property boasts a prime location along a high-traffic corridor, ensuring excellent visibility and accessibility for businesses. Currently, a single tenant occupies a small portion of the building, leaving ample space for an owner-occupier or new tenants. The available space includes a versatile open retail area, convenient upper-level office space ideal for administrative functions, and substantial storage facilities to meet diverse business needs. A significant asset is the included warehouse, featuring a 14-foot overhead door and an adjustable loading platform, perfect for efficient goods handling and logistics. Recent improvements enhance the property's appeal and functionality. A new roof and siding were installed in 2023, ensuring long-term durability and minimizing maintenance costs. Modern digital signage further enhances the building's visibility and marketing potential. The property's strategic location near complementary businesses creates a synergistic environment, attracting customers and fostering a thriving commercial atmosphere. This turnkey property is ready for immediate occupancy and offers significant upside potential for savvy investors seeking a strong return on investment in a desirable Baxter location. The asking price is $695,000.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2002
Total area 6,311 SF
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7837 Entire Bldg Excelsior Rd Baxter, MN 56425
Baxter metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7837 Entire Bldg Excelsior Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message