1621 Maple Grove Rd Duluth, MN 55811
This exceptional mixed-use property, situated at 1621 Maple Grove Road in Duluth, Minnesota, presents a compelling investment opportunity. The 0.87-acre lot offers significant potential for a variety of commercial ventures, given its strategic location within the vibrant Duluth market. The property's mixed-use designation allows for flexibility in development and tenant occupancy, catering to a diverse range of business needs. The asking price of $350,000 represents a competitive entry point into the Duluth commercial real estate market, offering strong potential for appreciation and rental income. The substantial lot size provides ample space for expansion or redevelopment, allowing for customization to suit specific business requirements. Further investigation into zoning regulations and permitted uses is encouraged to fully explore the development possibilities. This property is ideally suited for an investor seeking a versatile asset with significant upside potential in a growing Minnesota city. Its location offers convenient access to major transportation routes and a thriving local economy, making it an attractive proposition for both established businesses and new ventures. Serious inquiries are welcome. The property is being offered as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.