Property profile

210 And Cypress Dr Baxter, MN 56425

OFF-MARKET
Land
1.33 ac lot
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Property summary

AI-generated overview

This exceptional 1.33-acre commercial land parcel presents a remarkable investment opportunity in Baxter, Minnesota. Situated at the highly visible southeast corner of Highway 210 and Cypress Drive, this property boasts unparalleled access and exposure. The C2 - Regional Commercial zoning allows for a wide range of commercial uses, capitalizing on the substantial traffic counts of 24,400 vehicles daily on Highway 210 and 5,400 on Cypress Drive (north of Hwy 210). The lot features impressive road frontage: 152.74 feet along Highway 210 and 288.69 feet along Cypress Drive, offering ample space for development. With dimensions of approximately 150.78’ x 137.91’ x 152.74’ x 274’ x 228.22’, this property provides significant flexibility for design and construction. All city utilities are available, including water, sewer, natural gas, electricity, internet, and phone. The property's strategic location places it amongst established businesses such as Harley Davidson, Super One Foods, Americinn, and numerous others within the Baxter Industrial Park and surrounding areas. The asking price is $199,000, and the 2020 annual property tax was $11,642. The Parcel ID number is 40080799. This is a rare opportunity to acquire a prime commercial site in a thriving community. Don't miss out on this exceptional chance to establish your business in a high-traffic, highly visible location.

Property profile

Verified
Property type Land
Lot 1.33 ac (57,935 SF)

Cap rate & NOI

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

Location

210 And Cypress 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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