Property profile

1604 Voyageur Hwy Cloquet, MN 55720

OFF-MARKET
Land
8.24 ac lot
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Property summary

AI-generated overview

This exceptional 8.24-acre commercial land parcel presents a prime development opportunity in Cloquet, Minnesota. Located at 1604 Voyageur Highway (APN 06-510-6120), this property boasts 650 feet of highway frontage along Highway 33, offering unparalleled visibility and accessibility. Its strategic location at the entrance to Cloquet's retail corridor ensures high traffic volume and excellent exposure for any commercial venture. The property is zoned Highway Commercial, allowing for a wide range of development possibilities. The land itself is notably flat and level, simplifying construction and site preparation. All utilities are readily available, and a frontage road, along with drive-through access to Tall Pine Lane, provides convenient ingress and egress. The 2023 property taxes were $21,134.00. This is a truly exceptional opportunity to establish a prominent presence in a thriving Minnesota community. The asking price for this remarkable site is $1,250,000. Don't miss this chance to secure a premier location for your next commercial project.

Property profile

Verified
Property type Land
Lot 8.24 ac (358,934 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1604 Voyageur Hwy Cloquet, MN 55720
Cloquet metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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