Property profile

L2B2 College Rd Baxter, MN 56425

OFF-MARKET
Land
0.46 ac lot
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Property summary

AI-generated overview

This exceptional 0.46-acre commercial lot, located at L2B2 Conifer Drive in Baxter, Minnesota (56425), presents a unique opportunity for business development. Zoned OS - Office Service, this property boasts excellent visibility and high traffic counts due to its strategic location at the southwest corner of the intersection of College Road and County Road 48. The lot offers approximately 20,013 square feet with dimensions of approximately 102.10' x 196.29' x 102.7' x 196.25', and approximately 102 feet of road frontage on Conifer Drive. City water and sewer are available, along with natural gas, electricity, phone, and internet utilities. The 2021 annual property tax was $514.00. This lot is part of the College Pines Office Park, surrounded by established businesses including Baxter Insurance Group, Lemieux Wealth Strategies, J&J Holmes, and the Social Security Administration, ensuring a thriving and supportive business environment. Directions from the Highway 210/371 intersection in Baxter: Head south on Highway 371, then east on College Road, and finally south on Conifer Drive to the lot. This is an ideal location for businesses seeking high visibility and convenient access in a well-established office park. The asking price is $65,000.

Property profile

Verified
Property type Land
Lot 0.46 ac (20,038 SF)

Cap rate & NOI

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

Location

L2B2 College Rd Baxter, MN 56425
Baxter metro
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Value estimations

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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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