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    OFF-MARKET
    Land

    0 Arrowhead Rd, Hermantown, MN 55811

    3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional three-acre commercial land parcel presents a unique investment opportunity in a rapidly developing area of Duluth, Minnesota. Located on West Arrowhead Road, this property boasts a highly desirable MU-N zoning designation, opening doors to a variety of commercial development possibilities. The site's strategic position along Arrowhead Road places it within close proximity to significant retail anchors, including Costco and Kwik Trip, and adjacent to thriving multi-family residential projects. This prime location ensures high visibility and accessibility, attracting a substantial customer base. The expansive three-acre lot offers ample space for the construction of a small business office building, potentially incorporating a convenient walk-out level design. The property's parcel number is 010-2710-04155. This is an exceptional chance to capitalize on the burgeoning growth in this area and establish a thriving commercial presence. The asking price for this remarkable property is $375,000. Don't miss this opportunity to secure a piece of Duluth's vibrant commercial landscape. The property is situated in Hermantown, St. Louis County, Minnesota, with a zip code of 55811. Its geographic coordinates are 46.8221 latitude and -92.198285 longitude.

    Property profile
    Verified
    Property type Land
    Lot 3 ac (130,680 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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