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    Property profile & analytics

    408 Superior St Duluth, MN 55802

    • Commercial real estate
    • 15,000 SF
    For Lease
    View listing
    $12 SF/Yr
    Value Estimation
    $490,000
    Location Intelligence
    Property ID
    US46-3173037
    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

    • Adolfson & Peterson Construction / Construction Company / General Contractor

    Property Details for 408 Superior St

    Year built
    1946
    Property size
    15,000 SF
    Property type
    Commercial real estate
    APN
    010-0410-00880
    APU
    10041000880

    Description

    The Stanley Center, located at 408 W Superior St, Duluth, MN 55802, offers exceptional executive office space in a vibrant downtown location. This retail and office building totals 23,719 square feet, with multiple tenancy options available. Currently, 3,009 square feet of space is vacant, divisible into units as small as 549 square feet and up to a contiguous 2,460 square feet. Four spaces are currently available, ranging in size from 385 to 2,460 square feet, ideal for small businesses, startups, or growing organizations seeking a high-traffic, high-exposure location. The building offers adaptable floor plans to suit various business needs. Convenient contract parking is located directly adjacent to the building, providing easy access for tenants and clients. This property presents a unique opportunity to establish a presence in a thriving downtown Duluth setting, combining affordability with a strategic location. The Stanley Center provides a hassle-free experience, making it an attractive option for businesses seeking a productive and accessible workspace.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $465,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $465,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $525,000
      Geo Method
      $520,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $430,000
      Mixed-Use
      $430,000
      Hospitality
      $540,000
      Educational
      $550,000
      Residential Income
      $555,000
      Energy
      $430,000
      Income-Based Land
      $445,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.1034
    Latitude
    46.7825
    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
    $25,808
    $373,500
    $445,000
    $818,500
    -
    $373,500
    $445,000
    $818,500

    Comparable in this City

    • Value Estimation by Request

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    Duluth, MN 55802
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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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