Discover endless possibilities with this 12+ acre building site in the business-friendly city of Rice Lake. Boasting a prime location, this shovel-ready property offers an array of amenities, making it a highly attractive investment opportunity. On-site city water, sewer, gas, electrical, and high-speed communications provide immediate utility access for development. Zoned for commercial use, but adaptable for residential development, plus the sellers are open to the option to divide the land for multi-purpose use. An additional 8+ acres are available expanding the property to a 21 acre building site. Situated within close proximity to the Duluth International Airport, BoomTown Brewery, and within 10-15 minutes to Miller Hill amenities, Pike Lake, and Island Lake, this parcel is one not to miss.
Property Details
Property Features
Listing Office:
Office Name: Edmunds Company, LLP
Listing Agent: Casey Knutson Carbert
Lot Features
Lot Information:
Lot Size: 12.32 Acres
School Info
Assigned Schools Information:
East High School, Public District Grades 9-12
Homecroft Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Next to Kwik Trip, across from Boomtown.
Price Information
Listing Price Info
Price Summary:
List Price: $1,232,000
Tax Information:
Annual Amount: $2,988
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Homecroft Elementary School
4784 Howard Gnesen Rd
Distance between this listing and this school2.06 miles
Public District Grades PK-5
High School
7
/10
East High School
301 N 40th Ave E
Distance between this listing and this school5.91 miles
Public District Grades 9-12
Assigned Schools
8
/10
Homecroft Elementary School
4784 Howard Gnesen Rd
Distance between this listing and this school2.06 miles
Public District Grades PK-5
Nearby Schools
7
/10
Lowell Music Magnet Elementary School
2000 Rice Lake Rd
Distance between this listing and this school3.92 miles
Public Magnet Grades KG-5
2
/10
Myers-Wilkins Elementary School
1027 N 8th Ave E
Distance between this listing and this school5.12 miles
Public District Grades PK-5
Nearby Schools
3
/10
North Star Academy
3301 Technology Dr
Distance between this listing and this school2.94 miles
Public Charter Grades KG-8
7
/10
Hermantown Middle School
4289 Ugstad Rd
Distance between this listing and this school5.22 miles
Public District Grades 4-8
7
/10
Ordean East Middle School
2900 E 4th St
Distance between this listing and this school5.27 miles
Public District Grades 6-8
Assigned Schools
7
/10
East High School
301 N 40th Ave E
Distance between this listing and this school5.91 miles
Public District Grades 9-12
Nearby Schools
1
/10
Woodland Hills Academy
110 W Redwing St
Distance between this listing and this school3.39 miles
Public District Grades 6-12
7
/10
Hermantown Senior High School
4335 Hawk Circle Dr
Distance between this listing and this school5.12 miles
The neighbors living near this home have an average income of $64,819. Typical income of Duluth, MN residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4474 Martin Rd
What is the listing price of this property?
The listing price of 4474 Martin Rd property is $1,232,000.
What type of property is this?
The property 4474 Martin Rd is land located in Duluth, Minnesota, 55803.
Is this property for sale now?
Active Listing: 4474 Martin Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 4474 Martin Rd are: Homecroft Elementary School: GreatSchools Rating 8/10East High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,988 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 29, 2017 for $619,500. (source: MLS/tax record).
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This home is located at 4474 Martin Rd in Duluth, MN and zip code 55803 in the Arnold neighborhood. This home sits on a 12.32 acre lot. It has been listed on Rocket Homes since November 21, 2023 and is currently priced at $1,232,000.
While more than 39 listings in Duluth, MN in September 2024 were sold above asking price, there were more than 19 listings sold at asking price, and more than 55 were sold below. The inventory of homes for sale in Duluth, MN between August 2024 and September 2024 decreased by 7.3%. In September 2024 median list price was $308,933 and the average listing age was 21 days.
From Rocket Homes Real Estate and based on county public records data.