Technical
Financial
Distress signals
Property profile

L5B2 Forestview Dr Baxter, MN 56425

OFF-MARKET
Land
0.7 ac lot
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Property summary

AI-generated overview

This exceptional 0.7-acre commercial land parcel presents a unique investment opportunity in Baxter, Minnesota. Located at L5B2 Forestview Drive, this property is zoned R1 - Low Density Residential, offering flexibility for various commercial ventures. The lot boasts a convenient location with easy access to Highway 371, placing it within close proximity to schools, churches, shopping centers, restaurants, and a wide array of recreational amenities. The address is L5B2 Forestview Dr, Baxter, MN 56425, with a precise location of 46.3234985 latitude and -94.25846 longitude. The property's Assessed Parcel Number (APN) is 40180651. Situated in Crow Wing County, this land offers a tranquil setting while maintaining easy access to urban conveniences. The asking price for this attractive property is $40,000. This represents a compelling opportunity to acquire a strategically located commercial lot in a thriving Minnesota community. The 0.7-acre size provides ample space for development, making it an ideal choice for entrepreneurs and investors seeking a prime location for their next project.

Property profile

Verified
Property type Land
Lot 0.7 ac (30,492 SF)

Cap rate & NOI

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

Location

L5B2 Forestview Dr Baxter, MN 56425
Baxter metro
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Value estimations

Realmo proprietary · 4 methods
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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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