13073 Evergreen Dr, Baxter, MN 56425-7443
This exceptional 2,663-square-foot executive office building, situated on a 2.2-acre lot in Baxter, Minnesota, presents a unique investment opportunity. Built in 1995, the property boasts a desirable location with high visibility on Highway 371, conveniently positioned at the edge of the Baxter Industrial Park. The building features a well-maintained wood-frame construction with a brick exterior, concrete block foundation, and asphalt shingle roof. Inside, you'll find numerous private offices, a spacious conference room, and a welcoming reception area with vaulted ceilings reaching 12 feet, offering a professional and comfortable atmosphere. The office spaces maintain a standard 9-foot ceiling height. The property includes two bathrooms and ample parking with 18 paved spaces. The building's mechanical systems include central electric ground unit air conditioning, 200-amp single-phase electrical service, and fluorescent lighting. The property is zoned OS - Office Service, and its Parcel ID numbers are 40070669 and 03210001002A009. Asking price is $447,500, translating to $168.04 per square foot. This turnkey office space is perfect for a professional service business seeking to establish or expand its presence in a thriving Minnesota community. The property offers a blend of functionality, convenience, and aesthetic appeal, making it an attractive investment prospect.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.