7119 Forthun RdBaxter, MN 56425

  • Office properties
  • 4,818 SF
For Lease

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
7119 Forthun Rd, Baxter, Minnesota

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

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
$9,496
$57,500
$463,900
$521,400
-
$57,500
$463,900
$521,400

FAQs

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