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    OFF-MARKET
    Land

    0 Glory Rd, Baxter, MN 56425

    1.41 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.41-acre development site presents a remarkable investment opportunity in Baxter, Minnesota. Located on Glory Road, this property boasts an R2 - Medium Density Residential zoning designation, allowing for a variety of residential development options. The site is ideally situated within a thriving commercial area, yet enjoys proximity to established residential neighborhoods featuring condos, single-family homes, and multi-family dwellings. The land is already platted for condo development, streamlining the process for a prospective builder. With its convenient location and advantageous zoning, this property offers significant potential for substantial returns. The parcel encompasses 1.41 acres and is identified by APN numbers 40070565 - 40070571. This prime location in Baxter, MN (zip code 56425) offers easy access to local amenities and services. The coordinates are 46.344464 latitude and -94.251966 longitude. This is a turnkey opportunity for developers seeking to capitalize on the growing residential market in this desirable area. The asking price for this exceptional property is $99,000. Don't miss this chance to acquire a highly sought-after development site in a flourishing community.

    Property profile
    Verified
    Property type Land
    Lot 1.41 ac (61,420 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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