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    OFF-MARKET
    Land

    371 & Highland Scenic Rd, Baxter, MN 56425

    73.11 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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