Property summary
This exceptional commercial property, situated on the highly trafficked MN Highway 371 between Backus and Hackensack, presents a remarkable investment opportunity. Boasting 2.94 acres of land and 559 feet of road frontage, this location ensures maximum visibility for any business. The substantial 4,954 square foot building offers versatile space, ideal for a variety of commercial uses. The layout includes a sizable 50 x 32 foot office area, perfect for administrative functions or client interaction. A generous 46 x 29 foot shop provides ample room for workshops, storage, or manufacturing, depending on the intended business. Additionally, a 38 x 12 foot storage area offers extra space for inventory or equipment. The property is being sold "as is," providing an opportunity for buyers to customize and develop the space to meet their specific needs. This prime location and substantial building size make this a rare find in the Backus area. Don't miss this chance to establish your business in a highly visible and accessible location. The property's size and highway frontage offer significant potential for growth and expansion.
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
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
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property 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.
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