$1,200,000

5241 Miller Trunk Hwy Hermantown, MN 55811

Estimated payment $6,588/month

Total Views 40,213
4 Acres
$300,000 Price per Acre
174,240 Sq Ft Lot

About This Lot

Here is your opportunity to own and use this 4-acre site for your newest Commercial dream. Situated on high usable ground on a corner lot on the very busy Miller Trunk Highway/Hwy 53. There's room for storage, there's room for building sites and a great visual site by thousands of motor vehicles every day. It is zoned general commercial and has the utilities onsite. There are buildings on the property that could help you provide cash flow as you get your plans together.

Thomas Archer

Listed on: 11/23/2024

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,710

Lot Details

  • Current uses include commercial
  • Potential uses include for development

Property Details

Property Type

Land

Est. Annual Taxes

$2,710

Lot Details

0

Listing Details

  • Office Phone: 218-276-8078
  • Listing Website: https://www.land.com/property/4-acres-in-saint-louis-county-minnesota/22076999/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: For Development
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Lot Info

  • Current Use: Commercial

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,710 $178,600 $126,000 $52,600
2022 $2,764 $173,500 $126,000 $47,500
2021 $2,808 $173,500 $126,000 $47,500
2020 $2,776 $173,500 $126,000 $47,500
2019 $2,722 $175,200 $80,600 $94,600
2018 $2,714 $175,200 $80,600 $94,600
2017 $2,650 $175,200 $80,600 $94,600
2016 $2,470 $175,200 $80,600 $94,600
2015 $2,667 $184,500 $113,200 $71,300
2014 $2,667 $184,500 $113,200 $71,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 For Sale $1,200,000 -- --

Purchase History

Date Type Sale Price Title Company
Warranty Deed $335,000 The Title Team
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Source: Public Records