Rice Lake Rd Duluth, MN 55811
- Land
- 12.53 lot acres
Current Use by Public Records
- Land
Property Details for 0 Rice Lake Rd
- Lot size
- 12.53 lot acres
- Property type
- Land
Description
This exceptional 12.53-acre commercial land parcel presents a unique investment opportunity in Duluth, Minnesota. Located on Rice Lake Road, this property boasts a highly desirable MU-I zoning designation, opening doors to a wide range of development possibilities. Its elevated position offers stunning views and excellent visibility from Rice Lake Road, ensuring high traffic exposure. The expansive lot size provides ample space for large-scale projects, making it ideal for major medical facilities, educational institutions, governmental buildings, or other significant institutional developments. The property's strategic location provides easy access to all areas of Duluth, enhancing its overall appeal and potential for significant return on investment. The asking price is $2,500,000. The property's Assessed Parcel Number (APN) is 010-2710-03948. This prime site offers unparalleled potential for developers seeking a prominent location with exceptional zoning flexibility in a thriving Minnesota city. The property's size and zoning make it suitable for a variety of uses, catering to a broad spectrum of potential buyers and investors. Its elevated position ensures visibility and accessibility, making it an attractive proposition for businesses seeking a high-profile location. This is a rare opportunity to acquire a substantial commercial land parcel in a highly sought-after area of Duluth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Duluth
- County
- St Louis
- State
- Minnesota
- Longitude
- -92.1534
- Latitude
- 46.8693
