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    Arrowhead Rd Hermantown, MN 55811

    Sponsored
    For Sale
    $375,000

    Three-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional three-acre commercial land parcel presents a unique investment opportunity in a rapidly developing area of Duluth, Minnesota. Located on West Arrowhead Road, this property boasts a highly desirable MU-N zoning designation, opening doors to a variety of commercial development possibilities. The site's strategic position along Arrowhead Road places it within close proximity to significant retail anchors, including Costco and Kwik Trip, and adjacent to thriving multi-family residential projects. This prime location ensures high visibility and accessibility, attracting a substantial customer base. The expansive three-acre lot offers ample space for the construction of a small business office building, potentially incorporating a convenient walk-out level design. The property's parcel number is 010-2710-04155. This is an exceptional chance to capitalize on the burgeoning growth in this area and establish a thriving commercial presence. The asking price for this remarkable property is $375,000. Don't miss this opportunity to secure a piece of Duluth's vibrant commercial landscape. The property is situated in Hermantown, St. Louis County, Minnesota, with a zip code of 55811. Its geographic coordinates are 46.8221 latitude and -92.198285 longitude.

    Property Features for 0 Arrowhead Rd

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • Three‑acre commercial land parcel in rapidly developing Duluth, MN.
    • MU‑N zoning allows for diverse commercial development.
    • Prime location on West Arrowhead Road near Costco and Kwik Trip, with high visibility and accessibility.
    • Ample space for a small business office building, potentially with a walk‑out level.
    • Parcel number 010‑2710‑04155, located in Hermantown, MN 55811 (46.8221, -92.198285).
    • Asking price: $375,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hermantown
    County
    St Louis
    State
    Minnesota
    Longitude
    -92.198285
    Latitude
    46.8221

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    FAQs

    What type of property is this?
    Land - Three-acre commercial lot, prime location.
    Where is this land located?
    The property is located at Arrowhead Rd Hermantown, MN.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Three-acre commercial land parcel in rapidly developing Duluth, MN.; MU-N zoning allows for diverse commercial development.; Prime location on West Arrowhead Road near Costco and Kwik Trip, with high visibility and accessibility.
    (218) 310-0013
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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
    Arrowhead Rd Hermantown, MN 55811
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