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    Loberg Ave Duluth, MN 55811

    Sponsored
    For Sale
    $70,000

    Prime 0.9-acre commercial lot in Hermantown.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.9-acre commercial land parcel presents a unique investment opportunity in the thriving Hermantown, Minnesota market. Strategically located between Sam's Club and Fleet Farm, this property boasts high visibility and convenient access to major thoroughfares, ensuring significant exposure for any commercial venture. The property is zoned for commercial use, offering flexibility for a wide range of development possibilities. With its prime location and ample space, this lot is ideal for businesses seeking a high-traffic location with excellent visibility. The parcel's size provides ample room for construction, expansion, or the development of multiple commercial units. The asking price of $70,000 represents a compelling value for a property of this caliber in a rapidly growing area. The property's location in Hermantown, St. Louis County, Minnesota, offers easy access to Duluth and its surrounding amenities. The parcel's Assessed Parcel Number (APN) is 395-0010-03847. This is a rare opportunity to acquire a highly desirable commercial lot in a prime location. Don't miss out on this chance to establish your business in a thriving commercial hub. Serious inquiries are encouraged.

    Property Features for 0 Loberg Ave

    General Information

    Property type
    Land
    Lot Size
    39,204 SF

    HighLights

    • 0.9‑acre commercial land parcel in Hermantown, MN.
    • High‑visibility location between Sam's Club and Fleet Farm, offering excellent access to major thoroughfares.
    • Zoned for commercial use, allowing for diverse development options.
    • $70,000 asking price.
    • APN: 395‑0010‑03847.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Duluth
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.1632431
    Latitude
    46.8058217

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    FAQs

    What type of property is this?
    Land - Prime 0.9-acre commercial lot in Hermantown.
    Where is this land located?
    The property is located at Loberg Ave Duluth, MN.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: 0.9-acre commercial land parcel in Hermantown, MN.; High-visibility location between Sam's Club and Fleet Farm, offering excellent access to major thoroughfares.; Zoned for commercial use, allowing for diverse development options.
    (218) 727-0064
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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
    Loberg Ave Duluth, MN 55811
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