Property summary
This exceptional 6.63-acre commercial land parcel presents a remarkable investment opportunity in Baxter, Minnesota. Strategically located along the bustling Highway 371 corridor, this C2-Regional Commercial zoned property boasts unparalleled visibility and accessibility. The lot (APN 40310675) is ideally suited for a variety of commercial ventures, including restaurants, retail establishments, or office-service businesses. Its prime location within a thriving commercial neighborhood ensures high traffic volume and excellent exposure. The property benefits from proximity to major hotels and several recently opened retailers, notably a Kwik Trip convenience store. Further enhancing its appeal is its adjacency to the Lofts on Novotny, a new, 64-unit luxury apartment complex, adding a significant residential element to the immediate vicinity. With other neighboring sites poised for potential development, this property offers a unique chance to capitalize on a rapidly growing area. The asking price for this exceptional opportunity is $1,347,000. Don't miss this chance to secure a prominent location in a dynamic commercial hub. Contact us today to learn more about this exceptional property and its potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight