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.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Realty
Other
Directions Information:
Directions: From Arrowhead Rd turn right onto US-53N and destination will be on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
Tax Information:
Annual Amount: $2,808
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Hermantown, MN.
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Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,808
$173,500
2019
$2,776
$175,200
2017
$2,714
$175,200
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Hermantown Elementary School
5365 W Arrowhead Rd
Distance between this listing and this school1.15 miles
Public District Grades KG-4
8
/10
Pike Lake Elementary School
5682 Martin Rd
Distance between this listing and this school2.89 miles
Public District Grades KG-5
6
/10
Piedmont Elementary School
2827 Chambersburg Ave
Distance between this listing and this school5.07 miles
Public District Grades PK-5
Nearby Schools
7
/10
Hermantown Middle School
4335 Hawk Circle Dr
Distance between this listing and this school0.93 miles
Public District Grades 5-8
3
/10
North Star Academy
3301 Technology Dr
Distance between this listing and this school4.72 miles
Public Charter Grades KG-8
4
/10
A.I. Jedlicka Middle School
131 9th Ave
Distance between this listing and this school6.42 miles
Public District Grades 6-8
Nearby Schools
7
/10
Hermantown Senior High School
4335 Hawk Circle Dr
Distance between this listing and this school0.93 miles
Public District Grades 9-12
1
/10
Superior Academy
4849 Ivanhoe St
Distance between this listing and this school6.00 miles
Public District Grades 4-12
8
/10
Proctor Senior High School
131 9th Ave
Distance between this listing and this school6.44 miles
The neighbors living near this home have an average income of $71,967. The majority of Hermantown, MN residents have income between $35k-100k annually. The most common type of family is married, 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 5241 Miller Trunk Hwy
What is the listing price of this property?
The listing price of 5241 Miller Trunk Hwy property is $1,200,000.
What type of property is this?
The property 5241 Miller Trunk Hwy is land located in Hermantown, Minnesota, 55811.
Is this property for sale now?
Active Listing: 5241 Miller Trunk Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,808 (source: MLS/based on county public records data).
Interested in 5241 Miller Trunk Hwy? Let's connect.
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This home is located at 5241 Miller Trunk Hwy in Hermantown, MN and zip code 55811. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $1,200,000.
Over 1 listings were sold over their listed price in November 2024 in Hermantown, MN. In the same period over 9 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Hermantown, MN between October 2024 and November 2024 decreased by 18.6%. Listings spent 37 days on the market in November 2024, and had a median list price of $392,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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