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.
Closed
$1,140,000
5241 Miller Trunk Hwy, Hermantown, MN 55811
--beds
--baths
4Acres
Unimproved Land
Built in ----
4 Acres Lot
$-- Zestimate®
$--/sqft
$2,337 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,337/mo
Zestimate® history
Owner options
List your home for rent
$2,337/mo
Rent Zestimate®
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$2,337/mo
Rent Zestimate®
Refinance and save
$7,165/mo
Est. payment
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$7,165/mo
Est. payment
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Corner lot
Zillow last checked:
Listing updated:
Listed by:
Thomas Archer 218-393-5995,
Coldwell Banker Realty - Dulut
Bought with:
Kristin Wills
Coldwell Banker Realty - Dulut
Thomas Archer
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6625110
Facts & features
Interior
Features
- Has basement: No
Property
Lot
- Size: 4 Acres
- Dimensions: 375w x 500d
- Topography: Level
Details
- Additional parcels included: 395009100125
- Parcel number: 395013300010
- Zoning description: Business/Commercial
Utilities & green energy
- Electric: Power Company: Minnkota Power Cooperative
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: No
- Subdivision: Matthew Add
HOA
- Has HOA: No
Location
- Region: Hermantown
Financial & listing details
- Tax assessed value: $196,400
- Annual tax amount: $22,381
- Date on market: 10/31/2024
- Inclusions: For Sale Sign
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Sold | $1,140,000-5% |
Source:  NorthstarMLS as distributed by MLS GRID #6625110 Report a problem | ||
| 12/21/2025 | Pending sale | $1,200,000 |
Source: NorthstarMLS as distributed by MLS GRID #6625110 Report a problem | ||
| 10/31/2024 | Listed for sale | $1,200,000+258.2% |
Source: NorthstarMLS as distributed by MLS GRID #6625110 Report a problem | ||
| 7/11/2023 | Sold | $335,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,474 -2.7% | $196,400 +10% |
| 2023 | $2,542 -8% | $178,600 +2.9% |
| 2022 | $2,764 -0.4% | $173,500 |
| 2021 | $2,776 | $173,500 -1% |
| 2020 | $2,776 | $175,200 |
| 2019 | $2,776 +2.3% | $175,200 |
| 2018 | $2,714 -0.3% | $175,200 |
| 2017 | $2,722 +0.3% | $175,200 |
| 2016 | $2,714 +2.4% | $175,200 -5% |
| 2015 | $2,650 +7.3% | $184,500 |
| 2014 | $2,470 +8% | $184,500 +0.1% |
| 2013 | $2,288 +3.7% | $184,400 |
| 2012 | $2,207 +7.7% | $184,400 |
| 2011 | $2,049 +1.1% | $184,400 |
| 2010 | $2,027 | $184,400 |
| 2009 | $2,027 -0.5% | $184,400 -0.5% |
| 2008 | $2,037 | $185,400 |
| 2007 | -- | -- |
Find assessor info on the county website
Neighborhood: 55811
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Nearby schools
GreatSchools rating
- 8/10Hermantown Middle SchoolGrades: 5-8Distance: 1 mi
- 10/10Hermantown Senior High SchoolGrades: 9-12Distance: 1 mi
- 8/10Hermantown Elementary SchoolGrades: K-4Distance: 1.2 mi
- Minnesota
- Saint Louis County
- Hermantown
- 55811
- 5241 Miller Trunk Hwy
Nearby cities
Nearby zip codes
Other Hermantown Topics
