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    9Th Ave Hibbing, MN 55746

    Sponsored
    For Sale
    $150,000

    Prime Commercial Land, 4+ Acres, $150k

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 4+ acre commercial land parcel, totaling 204,296 square feet, presents a remarkable opportunity for development in the thriving city of Hibbing, Minnesota. Located at 9th Ave W, 55746, this property boasts a highly desirable Commercial zoning designation, eliminating the need for lengthy and costly rezoning processes. Its strategic location places it in close proximity to hotels, shopping centers, and diverse dining options, ensuring high visibility and convenient access for potential customers. Utilities are readily available at the roadside, simplifying the construction process and minimizing upfront infrastructure costs. The asking price of $150,000 makes this an exceptionally affordable entry point into the Hibbing commercial real estate market. This is a blank canvas, perfect for entrepreneurs and businesses seeking to build a custom facility tailored precisely to their operational needs. Imagine creating a building that perfectly reflects your brand and optimizes your workflow, all within a vibrant and established commercial district. Don't miss this chance to establish your business in a prime location with significant growth potential. This property is situated in St. Louis County and offers immediate access to key amenities and a strong local economy. The expansive lot size provides ample space for a large-scale development or multiple smaller buildings. Act quickly to secure this exceptional investment opportunity.

    Property Features for 0 9Th Ave

    General Information

    Property type
    Land

    HighLights

    • 4.04‑acre commercial lot (204,296 sq ft) in Hibbing, MN.
    • Located at 9th Ave W, 55746, with Commercial zoning.
    • Prime location near hotels, shopping, and restaurants, offering high visibility and accessibility.
    • Utilities readily available at the roadside.
    • $150,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hibbing
    County
    St Louis
    State
    Minnesota
    Longitude
    -92.9521228
    Latitude
    47.4000577

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, 4+ Acres, $150k
    Where is this land located?
    The property is located at 9Th Ave Hibbing, MN.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 4.04-acre commercial lot (204,296 sq ft) in Hibbing, MN.; Located at 9th Ave W, 55746, with Commercial zoning.; Prime location near hotels, shopping, and restaurants, offering high visibility and accessibility.
    (218) 727-0064
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    9Th Ave Hibbing, MN 55746
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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
    9Th Ave Hibbing, MN 55746
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