Discover endless possibilities with this 8+ 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, the sellers also are open to the option to divide the land for multi-purpose use. An additional 12+ 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, opportunity abounds!
Property Details
Property Features
Listing Office:
Office Name: Edmunds Company, LLP
Listing Agent: Casey Knutson Carbert
Lot Features
Lot Information:
Lot Size: 8.97 Acres
Other
Directions Information:
Directions: Rice Lake Rd near Kwik Trip
Price Information
Listing Price Info
Price Summary:
List Price: $897,000
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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.
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Nearby Schools
2
/10
Myers-Wilkins Elementary School
1027 N 8th Ave E
Distance between this listing and this school0.40 miles
Public District Grades PK-5
7
/10
Lowell Elementary School
2000 Rice Lake Rd
Distance between this listing and this school1.05 miles
Public District Grades KG-5
9
/10
Congdon Elementary School
3116 E Superior St
Distance between this listing and this school2.62 miles
Public District Grades KG-5
Nearby Schools
3
/10
North Star Academy
3301 Technology Dr
Distance between this listing and this school2.15 miles
Public Charter Grades KG-8
7
/10
Ordean East Middle School
2900 E 4th St
Distance between this listing and this school2.35 miles
Public District Grades 6-8
2
/10
Lincoln Park Middle School
3215 W 3rd St
Distance between this listing and this school3.30 miles
Public District Grades 6-8
Nearby Schools
1
/10
Superior Academy
4849 Ivanhoe St
Distance between this listing and this school0.37 miles
Public District Grades 4-12
4
/10
Academic Excellence Online
215 N 1st Ave E
Distance between this listing and this school0.95 miles
Public District Grades 9-12
2
/10
Duluth Area Learning Center
215 N 1st Ave E
Distance between this listing and this school0.95 miles
The neighbors living near this home have an average income of $38,168. Residents of Duluth, MN typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 48XX Rice Lake Rd
What is the listing price of this property?
The listing price of 48XX Rice Lake Rd property is $897,000.
What type of property is this?
The property 48XX Rice Lake Rd is land located in Duluth, Minnesota, 55803.
Is this property for sale now?
Active Listing: 48XX Rice Lake Rd is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 48XX Rice Lake Rd in Duluth, MN and zip code 55803 in the Duluth Heights neighborhood. This home sits on a 8.97 acre lot. It has been listed on Rocket Homes since November 21, 2023 and is currently priced at $897,000.
In October 2024, from all listings sold in Duluth, MN there were more than 50 sold above asking price, over 62 sold below and more than 19 were sold right at the asked price. In October 2024 in Duluth, MN there were 0.9% more homes for sale than in September 2024. In October 2024 median list price was $305,400 and the average listing age was 23 days.
From Rocket Homes Real Estate and based on county public records data.
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