Technical
Financial
Distress signals
Property profile

371 & Highland Scenic Rd Baxter, MN 56425

OFF-MARKET
Land
73.11 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 73.11-acre property presents a remarkable investment opportunity in Baxter, Minnesota. Strategically located at the intersection of State Highway 371 and Highland Scenic Road, this expansive parcel offers unparalleled visibility and accessibility. The land is zoned for Neighborhood Commercial and Business Gateway uses, providing flexibility for a diverse range of development projects. Envision a medical facility, retail center, showroom, or even a residential community—the possibilities are vast. The property's prominent Highway 371 frontage ensures high traffic exposure, maximizing potential for any commercial venture. Situated in the heart of Minnesota's renowned Lakes region, this location benefits from a robust local population that swells to over 200,000 during peak tourist season. The property's proximity to the major corridor serving the Brainerd Lake Region further enhances its appeal. This growing area, served by Brainerd Public School District 181, offers a strong foundation for long-term growth and return on investment. The APN numbers are 40180622, 40180618, 40180621, and 40180607. This is a truly unique opportunity to capitalize on the thriving Baxter market and its significant potential for future development.

Property profile

Verified
Property type Land
Lot 73.11 ac (3,184,672 SF)

Cap rate & NOI

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

Location

371 & Highland Scenic Rd Baxter, MN 56425
Baxter metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 371 & Highland Scenic Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message