Technical
Financial
Distress signals
Property profile

L1B2 Forestview Dr Baxter, MN 56425

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

Property summary

AI-generated overview

This exceptional 0.84-acre commercial land parcel presents a unique investment opportunity in Baxter, Minnesota. Located at L1B2 Forestview Dr S, this property is zoned R1 - Low Density Residential, offering flexibility for various commercial developments subject to local planning and zoning approvals. The lot's size provides ample space for a range of potential projects. The property's address is L1B2 Forestview Dr S, Baxter, MN 56425, with an APN of 40180647. Situated in Crow Wing County, this location offers convenient access to Highway 371, providing easy commuting to nearby amenities. The surrounding area boasts a tranquil, forested setting, combining privacy with proximity to schools, churches, shopping, dining, and recreational opportunities. While the current zoning is R1, prospective buyers are encouraged to conduct their own due diligence with local authorities to explore potential commercial development options. The asking price for this prime commercial land is $40,000. This represents a compelling opportunity to acquire a strategically located parcel in a thriving Minnesota community. Don't miss this chance to secure your future in Baxter.

Property profile

Verified
Property type Land
Lot 0.84 ac (36,590 SF)

Cap rate & NOI

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

Location

L1B2 Forestview Dr 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 L1B2 Forestview Dr?
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