Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Hwy 371 & Tabor Trl Baxter, MN 56401
    Back to Search
    Property profile & analytics

    Hwy 371 & Tabor Trl Baxter, MN 56401

    View on Map
    • Land
    • 2.50 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hwy 371 & Tabor Trl

    Lot size
    2.50 lot acres
    Property type
    Land

    Description

    This exceptional 2.5-acre commercial land parcel presents a remarkable investment opportunity in Brainerd, Minnesota. Located in the burgeoning Northland Industrial Park, this property boasts a strategic position along Business Highway 371, ensuring high visibility and easy accessibility. The lot, zoned Commercial District 2 (C-2), offers significant flexibility for a wide range of commercial ventures. Measuring approximately 188.05' x 468.92' x 255.88' x 618.99', the property features 188 feet of road frontage on Tabor Trail. The asking price is $149,000. While utilities such as natural gas, electricity, phone, and internet are available, the property will require the installation of a well and septic system. The property's location within the Northland Industrial Park places it in close proximity to a diverse range of established businesses, including Hy-Tec Construction, Tyler's Quality Auto, and numerous others along the S 6th Street corridor. This prime location, combined with the flexible zoning and ample space, makes this an ideal site for businesses seeking growth and visibility in a thriving community. The 2024 annual property tax is not yet available. The maximum impervious acreage allowed is 1.5 acres. Directions: From the Brainerd Water Tower (Washington Street and S 6th Street), travel south on S 6th Street/Business Hwy 371 approximately 3 miles, then west on Tabor Trail to the lots.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Baxter
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.2674
    Latitude
    46.3176

    Comparable in this City

    • Value Estimation by Request
      2.50 Acres

      Hwy 371 & Tabor Trl

      Land • 2.50 Acres
      0 Hwy 371 & Tabor Trl, Baxter, MN 56401
      View Details
    • Value Estimation by Request
      23.51 Acres

      Highway 371

      Land • 23.51 Acres
      0 Highway 371, Baxter, MN 56401
      View Details
    • Value Estimation by Request
      2.50 Acres

      L4 Tabor Trl

      Land • 2.50 Acres
      L4 Tabor Trl, Brainerd, MN 56401
      View Details
    • Value Estimation by Request
      7.29 Acres

      3226 Oak St

      Land • 7.29 Acres
      3226 Oak St, Brainerd, MN 56401
      View Details
    • Value Estimation by Request
      2.38 Acres

      Washington St

      Land • 2.38 Acres
      0 Washington St, Baxter, MN 56401
      View Details
    • Value Estimation by Request
      2.61 Acres

      Business Hwy 371 & Tabor Trl

      Land • 2.61 Acres
      0 Business Hwy 371 & Tabor Trl, Baxter, MN 56401
      View Details

    Similar Nearby for Sale

    • $199,000
      2.61 Acres

      L15 Tabor Trail: Prime Brainerd Land

      2.61 Acres, Hwy 371 Commercial Land
      0 Business Hwy 371 & Tabor Trl, Baxter, MN 56401
      View Details
    • $74,900

      Land For Sale

      Land available for purchase in Crow Wing County, Minnesota.
      15840 Old Stonebridge Trl, Brainerd, MN 56401
      View Details
    • $55,000
      2.88 Acres

      Land Near Kenney and Mille Lacs

      2.88-acre lot near lakes with buildable area.
      Tbd Mn-18, Brainerd, MN 56401
      View Details
    • $185,000
      2.63 Acres

      Industrial Lot in Brainerd, MN

      Prime 2.63-acre commercial lot.
      L1 Tabor Trl, Baxter, MN 56401
      View Details
    • $129,900
      Pending

      Wooded Land Parcel on Cul-de-Sac

      Heavily wooded 20-acre parcel in Daggett Brook Township, Minnesota.
      Tbd Country Way, Brainerd, MN 56401
      View Details
    • $84,000
      1.43 Acres

      Brainerd Corner Lot Investment

      1.43-acre multi-family development site
      0 28Th St, Brainerd, MN 56401
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Retail/Office Space Available

      Retail/office space in a well-positioned retail center.
      401 W Washington St, Brainerd, MN 56401
      View Details
    • Contact for pricing
      2,907 SF

      Medical Office Space For Rent

      Turn-key medical office space in a high-traffic Brainerd location.
      1903 S 6Th St, Brainerd, MN 56401
      View Details
    • Contact for pricing
      6,680 SF

      New Office Space in Brainerd

      Brand-new office space near Hwy 371 with high visibility.
      4672 Wilderness Ct, Brainerd, MN 56401
      View Details
    • Contact for pricing
      18,000 SF

      Grocery-Anchored Retail Space Available

      Recently renovated retail space in a dominant shopping center.
      401-429 8Th Ave NE, Brainerd, MN 56401
      View Details
    • Contact for pricing
      182,559 SF

      Grocery-Anchored Retail Center For Rent

      Recently renovated, strategically located retail center with grocery anchor.
      417 8Th Ave NE, Brainerd, MN 56401
      View Details
    • Contact for pricing
      1,825 SF

      Retail Space in Grizzly's Center

      Retail space available in high-traffic Baxter shopping center.
      15133 Edgewood Dr, Baxter, MN 56401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Hwy 371 & Tabor Trl
    Baxter, MN 56401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Hwy 371 & Tabor Trl, Baxter, MN, 56401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!