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    OFF-MARKET
    Land

    4876 Arrowhead Rd, Hermantown, MN 55811

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1-acre commercial lot, located at 4876 W Arrowhead Rd, Hermantown, MN 55811, presents a unique investment opportunity. Priced at $299,900, this property offers convenient access to utilities, including cable, electricity, natural gas, sewer, and water. A key advantage is its adjacency to another 1-acre commercial lot (available separately), allowing for potential expansion. Further expansion possibilities exist, with the potential to connect to additional acreage south on Stebner Rd for an added cost. Detailed property outlines are available upon request. The property includes a shared driveway easement; the buyer will be responsible for 50% of the installation costs. A Phase 1 environmental site assessment is also available upon request. This property is identified as Parcel B (Parcel A is the adjacent lot). The coordinates are 46.8217501 latitude and -92.1945368 longitude. This is an excellent opportunity for businesses seeking a strategic location in a thriving community. Don't miss this chance to acquire a versatile and expandable commercial property in a desirable area. Contact us today to learn more and schedule a viewing.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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