Locate your business at the front door to Baxter! Ample acreage available for sale, located at the first controlled intersection the north-bound side of Hwy 371. Excellent development opportunity for a big-box retailer or office-service business with room for residential apartments – see concept sketches for potential layout. Enjoy prime exposure, excellent visibility, high traffic counts and easy access, all while being close to schools, churches, shopping, dining, entertainment and recreation.

• Purchase Price: $4,995,000.00
• Directions: From the Baxter Hwy 210/371 intersection - South on Hwy 371 to the stoplights at CR 48 - East on CR 48 - Two access points on the North side of CR 48 as shown on maps on Pages 9 & 10 in the Property Brochure
• 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: 2022
• Annual Property Tax: $7,398.00
• 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: City Sewer & Water are in the Hastings Road Cul-de-sac and CR 48 at the SE corner of the property
• Sewer: City Sewer & Water are in the Hastings Road Cul-de-sac and CR 48 at the SE corner of the property
• Utilities Available: Natural Gas, Electric, Internet & Phone
• Neighboring Businesses: Neighboring Businesses: Nearby businesses include Crow Wing Recycling, Cygneture Title, Mandt Reiss Haglin, Lastovich Law, Baxter Essentia Clinic, Lakes Area Surgery Center, Nystrom & Associates, McDermott Orthodontics, Crosby Regional Medical Center, Minneapolis Heart, Riverstone Professional Center, Wal-Mart, MMFCU, El Tequila, Discount Tire, Northwoods Plaza, Ulta, PetSmart, TJ Maxx, Dicks Sporting Goods, Costco, Home Depot, CentraCare, Avantech, Lindar Corporation, Tee Hive, Norson, plus numerous other Baxter Industrial Park businesses, along with numerous other offices and retailers. Residential Neighbors: Located close to a future Knute Nelson development, Gracewin Living, Aspen Ridge Townhomes, Cypress Court Apartments, Berrywood Apartments, Pine Hills Park, Highland Scenic Apartments, several duplexes and single family homes , plus Forestview Middle School, Baxter Elementary School, Central Lakes College, Lakes Area Christian Church, United Pentecostal Church, Heritage Assemblies of God Church, and Pointway Church.
• Traffic Counts: 12,300 - 12,800 on Hwy 371 and 5,100 on CR 48
• CC File #: 1315
• Zoning: C1 - Neighborhood Commercial & OS - Office Service
• PID#: 40180622, 40180618, 40180621 & 40180607
• Legal Description: (Legacy PID: 010181200C00009, 010182100C00009, 010181300000009 & 010182400000009) Lengthy - See Brochure