13073 Evergreen DrBaxter, MN 56425

Property Details for 13073 Evergreen Dr

Year built

1995

Lot size

2.20 AC

Property size (Sq ft)

2,663 SF

Property type

Office properties

APN

40070669

APU

40070669

Description

This exceptional 2,663-square-foot executive office building, situated on a 2.2-acre lot in Baxter, Minnesota, presents a unique investment opportunity. Built in 1995, the property boasts a desirable location with high visibility on Highway 371, conveniently positioned at the edge of the Baxter Industrial Park. The building features a well-maintained wood-frame construction with a brick exterior, concrete block foundation, and asphalt shingle roof. Inside, you'll find numerous private offices, a spacious conference room, and a welcoming reception area with vaulted ceilings reaching 12 feet, offering a professional and comfortable atmosphere. The office spaces maintain a standard 9-foot ceiling height. The property includes two bathrooms and ample parking with 18 paved spaces. The building's mechanical systems include central electric ground unit air conditioning, 200-amp single-phase electrical service, and fluorescent lighting. The property is zoned OS - Office Service, and its Parcel ID numbers are 40070669 and 03210001002A009. Asking price is $447,500, translating to $168.04 per square foot. This turnkey office space is perfect for a professional service business seeking to establish or expand its presence in a thriving Minnesota community. The property offers a blend of functionality, convenience, and aesthetic appeal, making it an attractive investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $489,606

  6.5%

  $451,944

  7%

  $419,663

• Comparable approach

  Method

  Valuation

  Relative Method

  $135,920

  Geo Method

  $135,920

• Alternative Use

  Use

  Valuation

  Residential

  $560,411

  Hospitality

  $513,333

  Educational

  $427,087

  Medical

  $441,776

  Retail

  $664,358

Location Insight

City

Baxter

County

Crow Wing

State

Minnesota

Latitude

46.341

Longitude

-94.2453

CBSA code

14660

CBSA name

BRAINERD, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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