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    53 & Maple Grv Rd Duluth, MN 55811

    For Sale
    $2,250,000

    Prime Duluth Commercial Land, 3.1 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 3.1-acre commercial land parcel presents a rare development opportunity in Duluth, Minnesota. Located at the high-traffic intersection of Highway 53 and Maple Grove Road, this property boasts unparalleled visibility and accessibility within the region's premier retail corridor. The site is zoned MU-C, allowing for a wide range of commercial development possibilities. The expansive lot size provides ample space for ambitious projects, catering to diverse business needs. With its strategic location and flexible zoning, this property is ideally suited for developers seeking a high-impact investment. The property includes four separate Assessor's Parcel Numbers (APNs): 010-2710-04716, 010-2710-04710, 020-2710-04711, and 010-2710-04715. This prime location in St. Louis County, with a Duluth, MN 55811 zip code, offers exceptional potential for significant return on investment. The asking price for this remarkable development opportunity is $2,250,000. Don't miss this chance to secure a prominent position in a thriving retail market. The property's latitude and longitude coordinates are 46.8077742 and -92.1635342 respectively.

    Property Features for 53 & Maple Grv Rd

    General Information

    Property type
    Land
    Lot Size
    135,036 SF

    HighLights

    • 3.1‑acre commercial land parcel in Duluth, MN.
    • High‑traffic intersection of Highway 53 and Maple Grove Road, offering excellent visibility and accessibility.
    • MU‑C zoning allows for diverse commercial development.
    • Four APNs: 010‑2710‑04716, 010‑2710‑04710, 020‑2710‑04711, and 010‑2710‑04715.
    • Asking price: $2,250,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Duluth
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.1635342
    Latitude
    46.8077742

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    FAQs

    What type of property is this?
    Land - Prime Duluth Commercial Land, 3.1 Acres
    Where is this land located?
    The property is located at 53 & Maple Grv Rd Duluth, MN.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: 3.1-acre commercial land parcel in Duluth, MN.; High-traffic intersection of Highway 53 and Maple Grove Road, offering excellent visibility and accessibility.; MU-C zoning allows for diverse commercial development.
    (218) 310-0013
    Request Owner's contact information
    53 & Maple Grv Rd Duluth, MN 55811
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    Duluth, 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
    53 & Maple Grv Rd Duluth, MN 55811
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