4876 Arrowhead Rd, Hermantown, MN 55811
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.
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.