7119 Forthun RdBaxter, MN 56425
- Office properties
- 4,818 SF
Property Details for 7119 Forthun Rd
- Year built
- 2001
- Lot size
- 0.56 AC
- Property size (Sq ft)
- 4,818 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 40070664
- APU
- 40070664
Description
This Baxter, Minnesota property offers a fantastic opportunity to lease 907 square feet of open warehouse space with an overhead door, ideally suited for an office-service business. Located in a thriving business community near major retailers and medical facilities, this easily accessible building provides excellent visibility and convenience. The property, built in 2001, features a total of 4,814 square feet, encompassing multiple suites. Suite 102, the available warehouse space, is listed at $1200 per month. Additionally, a smaller office space (Suite 106) of 107 square feet is available for $500 per month. The building boasts a 14'-18' ceiling height, perfect for storage or various business needs. The property sits on a 0.56-acre lot and includes 21 total parking spaces. Utilities include 200-amp single-phase power. The property is zoned OS - Office Service and has an APN of 40070664 in Crow Wing County. Other occupied suites within the building include: Suite 101 (2,792 sq ft), Suite 103 (300 sq ft), Suite 104 (110 sq ft), and Suite 105 (122 sq ft). This is an exceptional opportunity to establish or expand your business in a high-demand area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $885,814
- 6.5%
- $817,675
- 7%
- $759,269
-
Comparable approach
- Method
- Valuation
- Relative Method
- $245,911
- Geo Method
- $245,911
-
Alternative Use
- Use
- Valuation
- Residential
- $1,013,917
- Hospitality
- $928,742
- Educational
- $772,703
- Medical
- $799,277
- Retail
- $1,201,982
Location Insight
- City
- Baxter
- County
- Crow Wing
- State
- Minnesota
- Latitude
- 46.3473
- Longitude
- -94.2525
- CBSA code
- 14660
- CBSA name
- BRAINERD, MN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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