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    701 4Th St Duluth, MN 55805

    • Commercial real estate
    • 7,488 SF
    For Lease
    View listing
    $11 SF/Yr
    Value Estimation
    Last Sale
    Aug 18, 2022
    Location Intelligence
    Property ID
    US46-0649406
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Guardian Towing / Towing Service

    Property Details for 701 4Th St

    Year built
    1892
    Property size
    7,488 SF
    Property type
    Commercial real estate
    APN
    010-3830-14560
    APU
    10383014560

    Description

    This exceptional 6,000 square foot medical office building, situated on 1.29 acres in St. Louis County, presents a unique investment opportunity. Currently offering a flexible multiple-tenancy arrangement, the property boasts 1,500 square feet of readily available space, ideal for immediate occupancy. The building features ample parking with 20 spaces available for tenants and visitors. The existing tenant occupies 4,500 square feet, leaving the 1,500 square feet vacant and ready for immediate use. Located conveniently near the intersection of 4th Street and 7th Avenue East, this property benefits from excellent visibility and accessibility. The zoning designation is F-6. The property includes 1800 square feet of cold storage/warehouse space, perfect for medical supply storage or similar uses. Additional outdoor storage is also available. The building features an 8-foot overhead garage door for easy access to the warehouse space. Annual property taxes are $25 per square foot. The property's APN is 010-3830-14570,14630,14640,14560. Utilities, including power, are available. The property is available for lease starting December 1, 2022, with a monthly rent of $1500 for the available 1800 square foot space.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.094
    Latitude
    46.7967
    CBSA code
    20260
    CBSA name
    DULUTH, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,148
    $89,300
    $0.00
    $89,300
    -
    $89,300
    $0.00
    $89,300

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    Duluth, MN 55805
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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