Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    701 4Th St Duluth, MN 55805

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing
    Lot size:
    6,000 SF

    Property Features for 701 4Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF
    Total Rate
    5500

    Building Details

    Year Built
    1955
    Buildings
    1

    Spaces For Lease

    at 701 4Th St, Duluth, MN 55805 Contact us
    Unit

    $11 /Mo

    Size
    6,000 SF
    Contact us

    We can help!

    Listing Contact
    Beth Wentzlaff
    Beth Wentzlaff

    Listing Agency: Consulting, Management & Realty Associates LLC Listing Agent: Beth Wentzlaff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Guardian Towing Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    St Louis
    State
    Minnesota
    Longitude
    -92.0938562
    Latitude
    46.7965865

    Nearby Similar for Lease

    • Contact for pricing
      7,504 SF

      Downtown Duluth Office Space Available

      Move-in ready, furnished office suites with parking and skywalk access.
      230 W Superior St, Duluth, MN 55802
      View Details
    • Contact for pricing
      9,046 SF

      Cove Retail Space: St. Louis County

      Historic Retail Building, Two Suites Available
      5 1St St, Duluth, MN 55802
      View Details
    • $20 SF/Yr
      20,040 SF

      Paulucci Building: Duluth Office Space

      Prime Duluth Canal Park Office Suites
      302 Lake Ave, Duluth, MN 55802
      View Details
    • Contact for pricing
      32,760 SF

      Spacious Industrial Warehouse For Rent

      32,760 SF warehouse with loading docks and overhead doors.
      5400 Miller Trunk Hwy, Duluth, MN 55811
      View Details
    • $14 SF/Yr
      12,502 SF

      Duluth Office Space for Lease

      1,620 SF Executive Office Suite Available
      102 Central Entrance, Duluth, MN 55811
      View Details
    • $18 SF/Yr
      2,296 SF

      Beal Building: Duluth Executive Suites

      Downtown Duluth Office Space: 5 Suites Available
      5 3Rd Ave, Duluth, MN 55802
      View Details
    • $12 SF/Yr
      21,894 SF

      Duluth Retail Space: Big Box Opportunity

      Prime Duluth location, 21,894 sq ft available.
      801 Central Entrance, Duluth, MN 55811
      View Details
    • $12 SF/Yr
      23,719 SF

      Downtown Duluth Executive Suites

      Prime Duluth office space, multiple suites available.
      408 Superior St, Duluth, MN 55802
      View Details
    • Contact for pricing
      1 SF

      Arvig Building: Duluth Office Space

      Prime Duluth commercial space, ideal for retail or office.
      325 1St St, Duluth, MN 55802
      View Details
    • Contact for pricing
      8,299 SF

      Mixed-Use Landmark Building For Rent

      Mixed-use property with apartments, retail, office, and restaurant spaces.
      301-307 W 1St St, Duluth, MN 55802
      View Details
    • $15 SF/Yr
      18,724 SF

      Executive Suites, Duluth, MN

      Prime Duluth Office Space Available
      925 Superior St, Duluth, MN 55802
      View Details
    • Contact for pricing
      6,853 SF

      Retail Space in Duluth

      Retail space for lease in Duluth's southern trade area.
      5514 Grand Ave, Duluth, MN 55807
      View Details

    FAQs

    Where is this distribution property located?
    The property is located at 701 4Th St Duluth, MN.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    (218) 727-0064 Call to check price and availability
    Request Owner's contact information
    701 4Th St Duluth, MN 55805
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    701 4Th St
    Duluth, MN 55805
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    701 4Th St Duluth, MN 55805
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Beth Wentzlaff
    Beth Wentzlaff
    Real Estate License ID: 54027090
    (218) 727-0064
    Learn more
    Google sign-in failed. Please try again or use another login method.