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

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.**

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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: 65 days
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

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