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    4876 Arrowhead Rd Hermantown, MN 55811

    Sponsored
    For Sale
    $299,900

    Prime 1-Acre Commercial Lot in Hermantown, MN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial lot, located at 4876 W Arrowhead Rd, Hermantown, MN 55811, presents a unique investment opportunity. Priced at $299,900, this property offers convenient access to utilities, including cable, electricity, natural gas, sewer, and water. A key advantage is its adjacency to another 1-acre commercial lot (available separately), allowing for potential expansion. Further expansion possibilities exist, with the potential to connect to additional acreage south on Stebner Rd for an added cost. Detailed property outlines are available upon request. The property includes a shared driveway easement; the buyer will be responsible for 50% of the installation costs. A Phase 1 environmental site assessment is also available upon request. This property is identified as Parcel B (Parcel A is the adjacent lot). The coordinates are 46.8217501 latitude and -92.1945368 longitude. This is an excellent opportunity for businesses seeking a strategic location in a thriving community. Don't miss this chance to acquire a versatile and expandable commercial property in a desirable area. Contact us today to learn more and schedule a viewing.

    Property Features for 4876 Arrowhead Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • $299,900 asking price.
    • 1‑acre commercial land lot in Hermantown, MN.
    • Located at 4876 W Arrowhead Rd, Hermantown, MN 55811.
    • Adjacent 1‑acre lot also available (separate listing).
    • Utilities available: Cable, Electric, Natural Gas, Sewer, Water.
    • Shared driveway easement; buyer responsible for half the installation cost.
    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
    -92.1945368
    Latitude
    46.8217501

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    FAQs

    What type of property is this?
    Land - Prime 1-Acre Commercial Lot in Hermantown, MN
    Where is this land 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.
    What are key features of this property?
    This property features: $299,900 asking price.; 1-acre commercial land lot in Hermantown, MN.; Located at 4876 W Arrowhead Rd, Hermantown, MN 55811.
    (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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