For Sale $4,995,000.00
Own the front door to Baxter! Located at the first controlled intersection on the north-bound side of Hwy 371. This large parcel is just south of Super Wal-Mart. Great development opportunity for a big-box, retailer, or office-service business with room for residential apartments – see concept sketches for potential layout. Prime exposure, excellent visibility, high traffic and easy access in Baxter’s high-growth corridor.
- Purchase Price: $4,995,000.00
- Directions: North Entrance: From the Baxter Hwy 210/371 intersection - South on Hwy 371 to the stoplights - Left (east) on College Road - Right (south) on Evergreen Drive - Right (west) on Hastings Road to the cul-de-sac at the end - Property runs south, along Hwy 371. South Entrance: From the Baxter Hwy 210/371 intersection - South on Hwy 371 to the stoplights at CR 48 - Left (east) on CR 48 (Highland Scenic Dr) for 1/4 mile - Property is on the left (north) side of CR 48.
- Lot Size (Acres): 73.74
- Lot Dimensions: Irregular
- Road Frontage: Approx. 3,200' along Hwy 371, approx. 1,550' along CR 48 and approx. 165' at the Hastings Rd cul-de-sac
- Property Tax Year: 2019
- Annual Property Tax: $7,484.00
- Property Features / Assets: 73.74 Acres Total. 52.08 Acres Upland and 21.66 Acres Wetland. Topography is generally level to rolling with scattered wetlands (See Wetland Delineation). Moderately wooded with open spaces in wetland areas.
- Water: Sewer & Water are in the Hastings Road Cul-de-sac. City will require oversized water to serve the property - discuss the utility extensions with City of Baxter.
- Sewer: Sewer & Water are in the Hastings Road Cul-de-sac. City will require oversized water to serve the property - discuss the utility extensions with City of Baxter.
- Utilities Available: Natural Gas, Electric, Internet & Phone (Charter & US Link are in the Hastings Cul-de-sac)
- Neighboring Businesses: Located near the Baxter Industrial Park, nearby businesses include Nystrom & Associates, Lastovich Law, Shipman Auto Parts, Super Wal-Mart, JC Penney's, Olive Garden, Riverstone Professional Centre, Mid-MN Federal CU, Home Depot, Costco, Discount Tire, Northwoods Plaza, Cygneture Title, plus many others.
- Traffic Counts: 12,000 - 22,200 on Hwy 371 and 4,400 - 4,750 on CR 48
- MLS #: 4449607
- CC File #: 1315
- Zoning: OS - Office Service & C1 - Neighborhood Commercial. Note: 2014, Baxter is updating its comprehensive plan. Commercial 1 and 2 zoning is being requested for this tract.
- PID#: 40180622, 40180618, 40180621 & 40180607
- Legal Description: (Legacy PID: 010181200C00009, 010182100C00009, 010181300000009 & 010182400000009) Lengthy - See Brochure