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    1611 Maple Grove Rd Duluth, MN 55811

    Sponsored
    For Sale
    $1,000,000

    4.4-acre commercial lot, prime Duluth location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.4-acre commercial land parcel, located at 1611-1633 Maple Grove Rd, Duluth, MN 55811 (APN: 010-2240-00020 +00030+000380), presents a unique investment opportunity in a rapidly developing area. Zoned MU-C, the property boasts excellent visibility and accessibility, situated on a recently reconstructed Maple Grove Rd designed to direct traffic flow from the highway. Surrounded by thriving businesses, including newly constructed apartments (District Flats), a La Quinta Inn, Affinity Credit Union, and a soon-to-open Fairfield Inn and Suites, this location benefits from significant momentum and increased traffic. Utilities are readily available, including City of Duluth water, gas, sewer, and electricity provided by MN Power. The ample lot size allows for substantial building development, ample parking, and convenient ingress/egress. With over 200 neighboring businesses, this property offers a strategic advantage for expansion or new business establishment in the Miller Hill area, where available land is becoming increasingly scarce. This is an exceptional opportunity to capitalize on the growth and development within this dynamic commercial corridor. The asking price is $1,000,000.

    Property Features for 1611 Maple Grove Rd

    General Information

    Property type
    Land
    Lot Size
    191,664 SF

    HighLights

    • 4.4‑acre commercial land parcel at 1611‑1633 Maple Grove Rd, Duluth, MN 55811 (APN: 010‑2240‑00020 +00030+000380).
    • MU‑C zoning with excellent visibility and accessibility on a recently reconstructed road.
    • Prime location near thriving businesses including apartments, hotels, and a credit union, ensuring high traffic.
    • Utilities readily available (city water, gas, sewer, MN Power electricity).
    • $1,000,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.1591474
    Latitude
    46.8077807

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    FAQs

    What type of property is this?
    Land - 4.4-acre commercial lot, prime Duluth location.
    Where is this land located?
    The property is located at 1611 Maple Grove Rd Duluth, MN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 4.4-acre commercial land parcel at 1611-1633 Maple Grove Rd, Duluth, MN 55811 (APN: 010-2240-00020 +00030+000380).; MU-C zoning with excellent visibility and accessibility on a recently reconstructed road.; Prime location near thriving businesses including apartments, hotels, and a credit union, ensuring high traffic.
    (218) 727-0064
    Request Owner's contact information
    1611 Maple Grove 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
    1611 Maple Grove Rd Duluth, MN 55811
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