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    Mn-33 Cloquet, MN 55720

    Sponsored
    For Sale
    $1,250,000

    11 Acres, Highway 33 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11-acre commercial land parcel presents a remarkable investment opportunity in Cloquet, Minnesota. Located on Highway 33, this prime site boasts approximately 806 feet of highway frontage, providing unparalleled visibility and accessibility. Zoned for Highway Commercial use, the property is ready for immediate development, offering significant potential for a variety of commercial ventures. Previously residential, the land has been successfully rezoned for commercial use and is free of any environmental concerns. The property includes convenient access via a frontage road and a large crossover, enhancing its appeal for future development projects. All utilities are readily available on-site. The parcel's location at the entrance to Cloquet places it within a prime retail corridor, ensuring high traffic volume and exposure. The property's Assessed Parcel Numbers are 06-660-0220 & 06-510-6130. 2023 property taxes were $8,830.00. This is an exceptional opportunity to acquire a highly desirable, undeveloped commercial site with significant development potential. The combination of location, zoning, and accessibility makes this an ideal investment for discerning buyers seeking a strong return. Don't miss this chance to secure a piece of Cloquet's thriving commercial landscape.

    Property Features for 0 Mn-33

    General Information

    Property type
    Land
    Lot Size
    479,160 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cloquet
    County
    Carlton
    State
    Minnesota
    Longitude
    -92.457200294309
    Latitude
    46.699117520478

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    FAQs

    What type of property is this?
    Land - 11 Acres, Highway 33 Frontage
    Where is this land located?
    The property is located at Mn-33 Cloquet, MN.
    What is the asking price?
    The asking price for this property is $1,250,000.
    (218) 310-0013
    Request Owner's contact information
    Mn-33 Cloquet, MN 55720
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    Cloquet, MN 55720
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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
    Mn-33 Cloquet, MN 55720
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