0 Xxx Rice Lk Rd, Duluth, MN 55811
This exceptional 22.4-acre commercial land parcel presents a unique investment opportunity in Duluth, Minnesota. Located at the highly visible corner of Rice Lake Road and Martin Road, this property boasts significant development potential. The site is strategically positioned adjacent to the burgeoning Boomtown area, capitalizing on its growth and attracting a diverse range of businesses. The property's zoning is a blend of Commercial and R-1, offering flexibility for a variety of uses. The parcel is identified by APN numbers 520-0017-00590 and 520-0017-00580. A proposed roundabout at the intersection will further enhance visibility and accessibility. While property taxes are to be determined following a parcel split, this prime location offers substantial long-term value. This is an exceptional chance to secure a large, strategically located site in a rapidly developing area of Duluth. The property's size and location make it suitable for a wide range of commercial ventures, from retail and hospitality to light industrial and office spaces. The proximity to Boomtown ensures high traffic volume and visibility, making it an attractive proposition for businesses seeking a prominent location. Don't miss this opportunity to acquire a significant piece of Duluth's commercial landscape. The address is xxx Rice Lake Rd, Duluth, MN 55811.
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.