& CR 48 College Rd Baxter, MN 56425
- Land
- 0.72 lot acres
Current Use by Public Records
- Land
Property Details for & CR 48 College Rd
- Lot size
- 0.72 lot acres
- Property type
- Land
Description
This exceptional 0.72-acre commercial lot, located in Baxter, Minnesota, presents a unique investment opportunity. Situated in the College Pines Office Park, this property (APN 40080572) boasts convenient access to major roadways, with approximately 172 feet of frontage on College Road and 200 feet on Conifer Drive. The lot measures approximately 144' x 193.5' x 172' x 200', offering ample space for development. Zoned OS - Office Service, this parcel is ready for a variety of commercial uses. City water and sewer are readily available, along with natural gas, electricity, phone, and internet utilities. The property benefits from its proximity to established businesses within the College Pines Office Park, including Baxter Insurance Group, Lemieux Wealth Strategies, J&J Holmes, and the Social Security Administration. Furthermore, its location near the Baxter Industrial Park and a wealth of retail establishments such as Walmart, Costco, Home Depot, and numerous others, ensures high visibility and accessibility. Annual property taxes for 2021 were $844. High traffic counts on College Road (11,200) and CR 48 (4,150-4,300) further enhance the property's desirability. The asking price for this remarkable opportunity is $99,000. This is Lot 1, Block 1 of the College Pines Office Park.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baxter
- County
- Crow Wing
- State
- Minnesota
- Longitude
- -94.2234
- Latitude
- 46.3456
