Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7957 College Rd Baxter, MN 56425-8630
    Back to Search
    Property profile & analytics

    7957 College Rd, Baxter, MN 56425-8630

    View on Map
    • Flex space
    • 4,160 SF
    • 1.25 lot acres
    Off-Market
    Property ID
    US46-0906368
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Flex space

    Property Details for 7957 College Rd

    Year built
    1999
    Lot size
    1.25 lot acres
    Property type
    Flex space
    APN
    40080627
    APU
    40080627

    Description

    This exceptional 4,320 square foot owner-user or investment opportunity is situated in the desirable Baxter Industrial Park at 7957 College Rd, Baxter, MN 56425. The property, built in 1999, sits on a 1.24-acre lot and boasts a flexible layout ideal for a variety of businesses. The building is easily divisible, featuring front office space and a rear warehouse area complete with convenient drive-in doors. Ceiling heights range from 9 to 14 feet, providing ample vertical space. Ample parking is available with 25 spaces on-site. The property is zoned I-Industrial Office, offering versatility for various uses. Its prime location at the College Road & Cypress Drive roundabout ensures high visibility and easy accessibility. The property's APN is 40080627; 032050050030009. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving Minnesota market. The asking price is $499,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Baxter
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.2344
    Latitude
    46.3442
    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
    $13,954
    $133,600
    $253,600
    $387,200
    -
    $133,600
    $253,600
    $387,200

    Comparable in this City

    • Value Estimation
      $6,690,000
      150,750 SF

      Baxter, MN 56425

      LIGHT INDUSTRIAL
      Baxter, MN 56425
      View Details
    • Value Estimation
      $1,295,000
      25,096 SF

      Baxter, MN 56425

      LIGHT INDUSTRIAL
      Baxter, MN 56425
      View Details
    • Value Estimation by Request
      8,025 SF

      Baxter, MN 56425

      LIGHT INDUSTRIAL
      Baxter, MN 56425
      View Details
    • Value Estimation by Request
      7,200 SF

      7847 College Rd

      LIGHT INDUSTRIAL
      7847 College Rd, Baxter, MN 56425-8335
      View Details
    • Value Estimation by Request
      8,496 SF

      13461 Dogwood Dr

      LIGHT INDUSTRIAL
      13461 Dogwood Dr, Baxter, MN 56425-8624
      View Details
    • Value Estimation by Request
      16,000 SF

      7650 Goedderz Rd

      LIGHT INDUSTRIAL
      7650 Goedderz Rd, Baxter, MN 56425-8273
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,576 SF

      Fully Occupied Baxter Industrial Building

      Industrial office building in Baxter Industrial Park, fully occupied.
      7771 College Rd, Baxter, MN 56425
      View Details
    • $385,000
      1.14 Acres

      Baxter Industrial Land - $385K

      Prime Baxter location, 1.14 acres, high visibility.
      0 Industrial Park Rd, Baxter, MN 56425
      View Details
    • New
      $550,000
      0.98 Acres

      Versatile Commercial Office Building

      Remodeled office space with flexible showroom or storage options on a nearly-acre site with easy access from 371.
      7590 Design Rd, Baxter, MN 56425
      View Details
    • Contact for pricing
      16,545 SF

      Baxter Retail/Warehouse Space For Lease

      Retail and warehouse space with highway visibility in Baxter, MN.
      8194 Fairview Rd, Baxter, MN 56425
      View Details
    • $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

    Similar Nearby for Lease

    • $10 SF/Yr
      6,311 SF

      Baxter Commercial Space For Lease

      6,311 SF Multi-Use Building, High Visibility
      7837 Excelsior Rd, Baxter, MN 56425
      View Details
    • Contact for pricing
      907 SF

      Baxter Office and Warehouse Space

      Office and warehouse suites available for lease in Baxter, Minnesota.
      7119 Forthun Rd, 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

      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
    • 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
    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.
    7957 College Rd
    Baxter, MN 56425-8630
    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

    Thank You for Inquiry
    7957 College Rd, Baxter, MN, 56425
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!