5895 Mapleton Rd Baxter, MN 56425
Exceptional opportunity to acquire a substantial 76.45-acre parcel of residential development land situated at 5895 Mapleton Road in Baxter, Minnesota. This expansive property, identified by APN 40240506 & 40240505, is zoned RS - Special Residential/Cluster, offering significant potential for residential development. The lot boasts impressive dimensions of approximately 1,292.84' x 2,581.52' x 1,288.72' x 2,579.06', providing ample space for a variety of residential projects. Conveniently located directly south of Forestview Middle School, this site benefits from proximity to schools, churches, shopping, dining, and recreational amenities. Access is readily available via Mapleton Road, Marble Road, and Oakdale Road. While currently serviced by a well and septic system, city water and sewer hookups are available on these adjacent roads. The property's 2020 real estate taxes totaled $2,176, inclusive of solid waste/recycling fees. This remarkable opportunity presents a unique chance for developers to create a thriving residential community in the desirable Brainerd/Baxter area. The legal description is Lots 1 & 2, Block 1, Marohn Addition. The asking price for this exceptional property is $1,150,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.