0 South & Hwy 371, Baxter, MN 56425
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.