Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    14341 Edgewood Dr Baxter, MN 56425-8460

    • Hotels
    • 22,476 SF
    • 2.27 lot acres
    OFF-MARKET
    Value Estimations
    $1,920,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US46-0667091
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hotels

    Property Details for 14341 Edgewood Dr

    Year built
    1982
    Lot size
    2.27 lot acres
    Property size
    22,476 SF
    Property type
    Hotels
    APN
    40060911
    APU
    40060911

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,270,000
      6.5%
      $2,095,000
      7%
      $1,945,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,746,000
      Market price range: $1.75M - $9.03M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Baxter
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.246
    Latitude
    46.3595
    CBSA code
    14660
    CBSA name
    BRAINERD, MN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $42,092
    $1,088,400
    $641,100
    $1,729,500
    -
    $1,088,400
    $641,100
    $1,729,500

    Comparable in this City

    • Value Estimation
      $2,145,000
      25,128 SF

      14466 Dellwood Dr

      HOTEL • 25,128 SF
      14466 Dellwood Dr, Baxter, MN 56425-9743
      View Details
    • Value Estimation
      $2,775,000
      32,456 SF

      7208 Fairview Rd

      HOTEL • 32,456 SF
      7208 Fairview Rd, Baxter, MN 56425-8293
      View Details
    • Value Estimation
      $2,045,000
      23,928 SF

      7836 Fairview Rd

      HOTEL • 23,928 SF
      7836 Fairview Rd, Baxter, MN 56425-8428
      View Details
    • Value Estimation by Request
      1.33 Acres

      210 And Cypress Dr

      Land • 1.33 Acres
      210 And Cypress Dr, Baxter, MN 56425
      View Details
    • Value Estimation by Request
      2.65 Acres

      Baxter, MN 56425

      VACANT COMMERCIAL LAND • 2.65 Acres
      Baxter, MN 56425
      View Details
    • Value Estimation by Request
      4.26 Acres

      Baxter, MN 56425

      VACANT COMMERCIAL LAND • 4.26 Acres
      Baxter, MN 56425
      View Details

    Similar Nearby for Sale

    • $649,000
      0.97 Acres

      Hwy 210 Baxter Commercial Land

      Prime Baxter commercial land, high traffic location.
      0 State Highway 210, Baxter, MN 56425
      View Details
    • $699,000
      5,806 SF

      Baxter Office Building - Design Drive

      Prime Baxter office space, turnkey & convenient.
      7658 Design Rd, Baxter, MN 56425
      View Details
    • Contact for pricing

      Fairview Office Park Buildable Site

      Buildable commercial site in thriving Fairview Office Park.
      Bluestem Ct, Baxter, MN 56425
      View Details
    • $275,000
      4.54 Acres

      Prime Commercial Lot in Baxter

      4.54-acre commercially-zoned land in a highly desirable Baxter location.
      7096 Fairview Rd, Baxter, MN 56425
      View Details
    • Contact for pricing

      Land at Highway Intersection

      Large commercial land tract at a high-traffic intersection.
      7444 Fairview Rd N, Baxter, MN 56425
      View Details
    • $65,000
      0.55 Acres

      Baxter Commercial Land: Prime Location

      Half-acre lot, ideal office-service business.
      0 Fairview Rd, Baxter, MN 56425
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Building in Fairview Office Park

      Multi-tenant office building with leasing opportunities in thriving location.
      13760 Bluestem Ct, Baxter, MN 56425
      View Details
    • Contact for pricing
      3,651 SF

      Baxter Office Suites For Lease

      Turn-key office suites available along Hwy 371 corridor.
      14391 Edgewood Dr N, Baxter, MN 56425
      View Details
    • Contact for pricing

      Retail Space in Grizzly's Center

      End-cap retail space in high-traffic Baxter location.
      15133 Edgewood Dr, Baxter, MN 56425
      View Details
    • Contact for pricing

      End-Cap Office Space Available

      Office space in Grizzly's Center, Baxter, MN, for rent.
      15167 Edgewood Dr, Baxter, MN 56425
      View Details
    • Contact for pricing

      Single-Tenant Office in Fairview Office Park

      Well-maintained office building in high-growth area with excellent visibility.
      13794 Bluestem Ct, Baxter, MN 56425
      View Details
    • Contact for pricing
      50,000 SF

      Central Lakes Crossing Development Site

      7.9-acre site suitable for retail, office, and more.
      7361 Glory Rd, Baxter, MN 56425
      View Details

    Property Visit Statistics

    • Visits by month
      3.9k
    • Visitors by month
      1.1k
    • Avg Time on site
      291 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14341 Edgewood Dr
    Baxter, MN 56425-8460
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!