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    Land

    0 Xxx Rice Lk Rd, Duluth, MN 55811

    22.4 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 22.4 ac (975,744 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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