5468 Miller Trunk Hwy Hermantown, MN 55811
- Commercial real estate
- 168 SF
- 6.49 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5468 Miller Trunk Hwy
- Year built
- 1994
- Construction
- FRAME
- Lot size
- 6.49 lot acres
- Property size
- 168 SF
- Property type
- Commercial real estate
- APN
- 395-0010-00761
- APU
- 395001000761
Description
This exceptional 6.49-acre commercial parcel presents a prime opportunity for discerning investors and business owners. Strategically located on Highway 53 in Hermantown, Minnesota, this property boasts unparalleled visibility and accessibility, with a daily traffic count exceeding 25,000 vehicles. The elevated terrain ensures excellent sightlines and prominence. Two convenient access driveways are already in place, simplifying development and operational logistics. The property currently utilizes a well water system, while city services are readily available at the roadside. A septic system will need to be installed by the future owner. This expansive lot offers significant potential for a wide range of commercial ventures, capitalizing on its high-traffic location and substantial acreage. The possibilities are vast, from retail establishments and restaurants to light industrial uses and more. Its prime location and existing infrastructure make this a truly exceptional opportunity to establish a thriving business in a high-growth area. Don't miss this chance to secure a prominent position on one of the region's busiest thoroughfares. Contact us today to explore the potential of this remarkable property.
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
- Hermantown
- County
- St. Louis
- State
- Minnesota
- Longitude
- -92.2548
- Latitude
- 46.841
- CBSA code
- 20260
- CBSA name
- DULUTH, MN-WI METROPOLITAN STATISTICAL AREA