For Sale
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Property summary
This exceptional investment opportunity presents a 5,806 square foot executive office building located at 7656 Design Road, Baxter, Minnesota, 56425. The property, built in 1995, sits on a 0.24-acre lot and boasts a 9-foot ceiling height. Currently 100% occupied with a strong tenant roster including Bolten & Menk and HearingLife, this property offers a compelling 8.76% cap rate. The building is part of a four-building professional office park, conveniently situated between Highway 371 and Golf Course Drive, providing excellent access and visibility. The property is zoned C-2 Regional Commercial, allowing for a variety of uses. The current lease is a NNN lease with a remaining term of five years, expiring March 30, 2030. The asking price is $850,000. This well-maintained property is situated in a thriving area experiencing significant growth and economic development, making it an ideal investment for discerning buyers seeking strong returns and long-term stability. The property's APN is 40050606 : 031870020010009.
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
Derived from the Baxter market rent, vacancy and expense benchmarks for this use type.
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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