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    OFF-MARKET
    Land

    0 South & Hwy 371, Baxter, MN 56425

    7.9 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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