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Commercial Land with Existing Buildings
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Pending

4958 Rice Lake Rd, Duluth, MN 55803

Commercially zoned acreage with office and heated shop improvements near established roadside businesses.

Property SizeContact for details
Days on Market146

Property Features for 4958 Rice Lake Rd

General Information

Standard status Pending
Property subtype Retail, Land
Listing Agency: RE/MAX Results
Listed By: Ron Hanger · License #MN
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 2 at 11:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results

Investment Insights

Based on property information with market context.

This commercially zoned 14.57-acre property includes an office measuring 20 by 24 feet, constructed in 1991, with a half bath. A separate 42-by-60-foot building dates to 1994 and features in-floor heat, an office, three man doors, a 12-by-12-foot door, a 14-foot-high by 16-foot-wide door, and a bathroom ready for completion. A 110,000-square-foot asphalt parking lot was installed in 1991.

The property provides approximately 530 feet of frontage along Rice Lake Rd, just north of Martin Rd. Boomtown Restaurant and Kwik Trip are located at the nearby intersection. City sewer is planned to extend past the property this summer, while city water is located across the street. A proposed roundabout is intended for the intersection, and the State Snowmobile Trail crosses the rear of the property.

Key Highlights

  • 14.57 acres with approximately 530 frontage on Rice Lake Rd
  • Commercial zoning with city sewer planned past the property this summer
  • 42x60 building with in‑floor heat and multiple large doors

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Real Estate Agency Computer & Electronic Repair Auto Repair Shop

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

52
Businesses Nearby

Demographics for 55803, MN

17,796
Population
8,690
Households
2
Avg Household Size
43
Median Age
49%
College-Educated
97%
High-School Grad
295.5 sq mi
ZIP Area
60
Density / Sq Mi
$104,250
Median Household Income
$58,758
Median Earnings
$1,391
Median Rent
$300,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercially zoned acreage with office and heated shop improvements near established roadside businesses.
Where is this commercial land located?
The property is located at 4958 Rice Lake Rd Duluth, MN.
What are key features of this property?
This property features: 14.57 acres with approximately 530 frontage on Rice Lake Rd; Commercial zoning with city sewer planned past the property this summer; 42x60 building with in‑floor heat and multiple large doors
(218) 722-2810 Call to check price and availability
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