0 Loberg Ave, Duluth, MN 55811
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.