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Property profile & analytics
OFF-MARKET
Retail space

7837 Excelsior Rd Baxter, MN 56425-8427

5,143 SF 0.51 ac lot Built 2002
Entity Owned Free & Clear
Property ID
US46-0726145
Property summary
AI-generated overview

This Baxter, MN commercial property, located at 7837 Excelsior Road, offers 6,311 square feet of versatile space ideal for a variety of uses. The building, constructed in 2002 and extensively renovated in 2023, features a blend of retail, office, and warehouse space, perfect for an owner-occupier or multiple tenants. Currently, a single tenant occupies a small portion of the building, leaving 5,567 square feet available. The available space includes open retail areas, upper-level offices, ample storage, and a warehouse equipped with a 14-foot overhead dock high door and an adjustable loading platform. The building boasts a new roof and siding, along with modern digital signage, ensuring high visibility on a busy corridor. The property sits on a 0.5-acre lot and includes 18 parking spaces. Interior ceiling heights vary from 8 to 18 feet. The building is served by 200-amp single-phase power. The C2 - Regional Commercial zoning allows for a wide range of business types. This property presents a unique opportunity to establish a thriving business in a prime Baxter location near complementary businesses, offering both excellent visibility and convenient access. The property's APN is 40080511

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Total area 5,143 SF
Lot 0.51 ac (22,169 SF)
APN 40080511
UPID US46-0726145
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
HAMILTON SMITH INC
HAMILTON SMITH INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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