L1B2 Forestview Dr, Baxter, MN 56425
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.