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    4876 Arrowhead Rd Hermantown, MN 55811

    Sponsored
    For Sale
    $299,900

    Prime 1-acre commercial lot, expansion potential.

    Property size:
    1 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1-acre commercial lot, located at 4876 W Arrowhead Road in Hermantown, Minnesota, presents a unique opportunity for businesses seeking a strategic location. The property offers significant potential for development, boasting a generous 1-acre footprint. A key advantage is its connectivity: this lot seamlessly adjoins another 1-acre parcel (available separately), allowing for potential expansion to double the land area immediately. Furthermore, the property's location offers the possibility of further expansion. The adjacent lot can be connected to additional acreage situated south on Stebner Road, providing significant scalability for future growth, though this requires separate acquisition and cost considerations. Detailed property boundaries are clearly illustrated in the provided outline map. This prime location in Hermantown offers excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. The asking price for this exceptional property is $299,900. Serious inquiries are encouraged

    Property Features for 4876 Arrowhead Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    2023
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hermantown
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.1932
    Latitude
    46.82199

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1-acre commercial lot, expansion potential.
    Where is this commercial real estate located?
    The property is located at 4876 Arrowhead Rd Hermantown, MN.
    What is the asking price?
    The asking price for this property is $299,900.
    (218) 728-5161
    Request Owner's contact information
    4876 Arrowhead Rd Hermantown, MN 55811
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    Hermantown, MN 55811
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4876 Arrowhead Rd Hermantown, MN 55811
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