Property profile

4510 1st St Duluth, MN 55807

OFF-MARKET
Commercial real estate
Property ID
US46-0947017
40,400 SF Built 1974
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 62,000 square foot warehouse, situated in the desirable Oneota Industrial Park, presents a unique investment opportunity. The property boasts a prime location, offering unparalleled logistical advantages due to its proximity to Highway 2 (46th Ave W) and West 1st Street. The building itself is a sturdy tilt-up concrete structure, built to withstand the demands of industrial use. The entire 62,000 square feet is currently vacant, providing flexibility for a single large tenant or the possibility of multiple smaller tenants, with a minimum divisible space of 200 square feet. This allows for customization to suit a variety of business needs, from storage and distribution to light manufacturing or office space. The maximum contiguous space available is the entire 62,000 square feet, offering significant potential for a large-scale operation. Located in St. Louis County, this property benefits from established infrastructure and a strong workforce. The building's design and location combine to create an ideal environment for businesses seeking efficient operations and convenient access to major transportation routes. This is a rare opportunity to acquire a substantial, fully vacant warehouse in a highly sought-after industrial park. Contact us today to learn more about this exceptional property and its potential.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1974
Total area 40,400 SF
APN 010-3597-00010
UPID US46-0947017

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4510 1st St Duluth, MN 55807
Duluth metro Census 15800 DULUTH, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.96M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.65M
Blend (final) Blend
$5.94M

Owner & transaction history

since 2022
Last sale
$4.9M
3 recorded transactions
2026
Price N/A
2022
$4.9M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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