Check out this mixed-use lot near the corner of Rice Lake Rd and Martin Rd! This property is extremely well-positioned. As the city of Rice Lake continues to expand, this location is at the heart of it! With 7.14 acres and mixed-use zoning, this property is perfect for a number of developments including: retail, mixed use dwellings, office, restaurants, hotel/motel, and more. City water is currently stubbed at the site, and the City of Rice Lake is working to potentially bring sewer access to the site in the coming years. Don't miss out on a rare opportunity for land in an up-and-coming commercial corridor. **All property lines are estimates.**
Lot/land
$600,000
4448 Martin Rd, Rice Lake, MN 55803
--beds
--baths
7.14Acres
Mixed Use
Built in ----
7.14 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 98 days |
- 131 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jordan DeCaro 218-428-0861,
RE/MAX Results,
Benjamin Funke 218-310-3849,
RE/MAX Results
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6124705
Facts & features
Property
Parking
- Parking features: Gravel
Lot
- Size: 7.14 Acres
- Dimensions: 234' x 1324'
- Features: Tree Coverage - Medium, Level
Details
- Parcel number: 520001900062
Utilities & green energy
- Electric: Minnesota Power
- Utilities for property: City Water, Electricity Available, Private Septic Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Duluth
Financial & listing details
- Tax assessed value: $106,300
- Annual tax amount: $1,442
- Date on market: 4/23/2026
- Cumulative days on market: 101 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,506/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Listed for sale | $600,000+71.4% |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6124705 Report a problem | ||
| 7/5/2022 | Sold | $350,000 |
Source: Public Record Report a problem | ||
| 3/17/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/16/2022 | Listed for sale | $350,000+16.7% |
Source: Owner Report a problem | ||
| 1/14/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/7/2021 | Listed for sale | $300,000 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,434 -1.2% | $106,300 |
| 2023 | $1,452 +16% | $106,300 +4.8% |
| 2022 | $1,252 +2.8% | $101,400 +31% |
| 2021 | $1,218 | $77,400 +3.8% |
| 2020 | $1,218 | $74,600 |
| 2019 | $1,218 +11.9% | $74,600 +6.1% |
| 2018 | $1,088 -9.8% | $70,300 |
| 2017 | $1,206 +10.8% | $70,300 +17% |
| 2016 | $1,088 +13.6% | $60,100 +9.1% |
| 2015 | $958 +0.6% | $55,100 |
| 2014 | $952 -6.2% | $55,100 -15.7% |
| 2013 | $1,015 +4.4% | $65,400 |
| 2012 | $971 +7.6% | $65,400 -5.8% |
| 2011 | $903 +0.1% | $69,400 -3.5% |
| 2010 | $903 | $71,900 |
| 2009 | $903 +27.6% | $71,900 +31.7% |
| 2008 | $707 +25.1% | $54,600 +20.3% |
| 2007 | $565 +14.1% | $45,400 +14.9% |
| 2006 | $496 +20% | $39,500 +42.6% |
| 2004 | $413 +10.9% | $27,700 +16.9% |
| 2003 | $373 | $23,700 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Arnold
Nearby schools
GreatSchools rating
- 10/10Homecroft Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 7/10Ordean East Middle SchoolGrades: 6-8Distance: 5.1 mi
- 10/10East Senior High SchoolGrades: 9-12Distance: 5.7 mi
- $509,4004 bd1 ba1.4k sqft4430 Martin Rd, Duluth, MN 55803Off Market
- $405,3004 bd2 ba1.5k sqft4420 Martin Rd, Duluth, MN 55803Off Market
- $727,8004 bd2 ba1.6k sqft4859 Stavenger Rd, Duluth, MN 55803Off Market
- $310,7003 bd1 ba1k sqft4497 W Calvary Rd, Duluth, MN 55803Off Market
- $652,7003 bd2 ba1.6k sqft4855 Stavenger Rd, Duluth, MN 55803Off Market
- $148,0002 bd1 ba928 sqft4891 Rice Lake Rd, Duluth, MN 55803Sold
- $37,9002.67 Acres4406 Martin Rd, Duluth, MN 55803Off Market
- $198,4002 bd2 ba1.1k sqft4895 Rice Lake Rd, Duluth, MN 55803Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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