Technical
Financial
Distress signals
Property profile

0 South & Hwy 371 Baxter, MN 56425

OFF-MARKET
Land
7.9 ac lot
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Property summary

AI-generated overview

This exceptional 7.9-acre commercial land parcel presents a prime development opportunity in Baxter, Minnesota's thriving Central Lakes Crossing. Strategically located on Glory Road South and Highway 371, this outlot enjoys unparalleled visibility and accessibility, benefiting from approximately 21,900 vehicles per day passing on Highway 371. Its adjacency to a Walmart store ensures high traffic and strong consumer presence. The property is zoned for a variety of uses, including retail, office, medical office, automotive dealerships, self-storage facilities, multi-family residential, and senior housing. Conceptual plans allow for multiple buildings ranging from 10,000 to 50,000 square feet, offering flexibility for developers. The site is divisible into one-acre lots, catering to various project scales. This location serves the entire Brainerd Lakes area, providing access to a substantial and growing market. The property is offered for sale, lease, or build-to-suit opportunities, with pricing available upon request. APN: 40070959. This is a rare opportunity to acquire a highly visible and versatile commercial property in a rapidly developing area.

Property profile

Verified
Property type Land
Lot 7.9 ac (344,124 SF)

Cap rate & NOI

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

Location

South & Hwy 371 Baxter, MN 56425
Baxter metro
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Value estimations

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