1 year on rocket

16 Commerce Rd, Babbitt, MN, 55706

$6,000

Land

Location

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Property Highlights

Home TypeOther
MLS #6359614
StatusActive

About 16 Commerce Rd

Commerical Lot on main area, next to shopping center in Babbitt. This lot is 100x120.50 with city sewer and water avaiable. Electricity is on site. Covenants do apply. Reasonably price and great location for your future business! Only $6,000

Property Details

Property Features

Listing Office:

  • Office Name: z'Up North Realty, Inc.

School Info

Assigned Schools Information:

  • Northeast Range Secondary School, Public District Grades 7-12
  • Babbitt Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Babbitt Rd to Commerce turn right to signs

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,000
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Housing Market Comparison

See how this home compares to others in Babbitt, MN.

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Babbitt, MN

City

Med. Sold Price

$133.5K

Med. Price/SqFt

$73

Avg. Days On Market

21

# of Sold Homes

5

16 Commerce Rd vs Babbitt

560 DAYS ON ROCKET

+539 Days

$6,000

-$127.5K Less

KEY TAKEAWAY

This property is $127.5K less than the Median Sold Price in Babbitt, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6359614

Listing Office:

  • Office Name: z'Up North Realty, Inc.

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Property Sales & Tax

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Payment Calculator

$97

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$84

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NMLS#3030

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

school-card-donut-1948021
4
/10

  • Babbitt Elementary School

  • 30 South Dr

  • 0.39 miles

  • Public District Grades PK-6

High School

school-card-donut-1948022
6
/10

  • Northeast Range Secondary School

  • 30 South Dr

  • 0.39 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,000. The majority of Babbitt, MN residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 Commerce Rd

What is the listing price of this property?

The listing price of 16 Commerce Rd property is $6,000.

What type of property is this?

The property 16 Commerce Rd is land located in Babbitt, Minnesota, 55706.

Is this property for sale now?

Active Listing: 16 Commerce 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 16 Commerce Rd are:
Babbitt Elementary School: GreatSchools Rating 4/10
Northeast Range Secondary School: GreatSchools Rating 6/10
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Rocket Homes›Minnesota›Saint Louis County›Babbitt›55706›16 Commerce Rd

This home is located at 16 Commerce Rd in Babbitt, MN and zip code 55706. It has been listed on Rocket Homes since April 24, 2023 and is currently priced at $6,000.

Over 0 listings were sold over their listed price in October 2024 in Babbitt, MN. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Babbitt, MN between September 2024 and October 2024 increased by 5%. While the average time on the market in October 2024 was 21 days, the median list price was $133,500.

From Rocket Homes Real Estate and based on county public records data.

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