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Hermantown Residential Development Opportunity
For Sale
$700,000

4099 Maple Grove Rd, Hermantown, MN 55811

LOT/LAND, Hermantown, MN

Property SizeContact for details
Lot Size30.00 Acres
Days on Market95

Property Features for 4099 Maple Grove Rd

General Information

Property type Land
Property subtype Other
Elementary school district Hermantown #700
Middle school district Hermantown #700
High school district Hermantown #700
Directions From Hwy 53 to west on Maple Grove Rd to property on Left
Subdivision LSAR
Standard status Active
Lot size 30.00 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 494
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Adam Paulson
Added: Jun 10 Changed: Aug 19 Last Checked: Sep 12 at 12:06AM
MLS# 6123831

Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 30-acre parcel, located in Hermantown, Minnesota, is zoned R-3 by the city and presents a residential development opportunity. The property is situated in close proximity to shopping, schools, and parks. This land provides a development opportunity for investors. An additional 10 acres with a home are also available.

Key Highlights

  • 30‑acre parcel zoned R‑3 for residential development.
  • Excellent opportunity for residential development.
  • Located in the heart of Hermantown.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 55811, MN

27,761
Population
11,640
Households
2.4
Avg Household Size
40
Median Age
41%
College-Educated
96%
High-School Grad
64.5 sq mi
ZIP Area
430
Density / Sq Mi
$77,877
Median Household Income
$38,284
Median Earnings
$1,339
Median Rent
$299,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Land - 30-acre residential development parcel in Hermantown, near amenities.
Where is this land located?
The property is located at 4099 Maple Grove Rd Hermantown, MN.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 30‑acre parcel zoned R‑3 for residential development.; Excellent opportunity for residential development.; Located in the heart of Hermantown.
More about this property
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