4005 W Michigan St - Perkins West
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4005 W Michigan St - Perkins West
2 Acres of Commercial Land Offered at $2,338,825 CAD in Duluth, MN 55807
Investment Highlights
- Located right off the main highway going through town.
Executive Summary
This is a great redevelopment spot.
Taxes & Operating Expenses (Actual - 2019) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
$46,689
|
$23,344.31
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$46,689
|
$23,344.31
|
Taxes & Operating Expenses (Actual - 2019)
| Taxes (CAD) | |
|---|---|
| Annual | $46,689 |
| Annual Per AC | $23,344.31 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $46,689 |
| Annual Per AC | $23,344.31 |
Property Facts
| Price | $2,338,825 CAD | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Mixed Use |
| Sale Conditions | Redevelopment Project | Total Lot Size | 2.00 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $2,338,825 CAD |
| Sale Type | Owner User |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 2.00 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot 5
| Price | $2,338,825 CAD | Lot Size | 2.00 AC |
| Price Per AC | $1,169,413 CAD |
| Price | $2,338,825 CAD |
| Price Per AC | $1,169,413 CAD |
| Lot Size | 2.00 AC |
Lots 11 thru 16, Lot 6-8 Block 46, Lots 3 thru 5
Description
Tremendous commercial redevelopment property located at the I-35 and 40th Ave W. interchange. Site enjoys high degree of visibility with traffic counts on Interstate 35 of approximately 35,000 vehicles per day and xxx vehicles per day on 40th Ave W.
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PROPERTY TAXES
| Parcel Number | 010361004670 | Total Assessment | $1,241,710 CAD (2023) |
| Land Assessment | $376,255 CAD (2023) | Annual Taxes | $46,689 CAD |
| Improvements Assessment | $865,455 CAD (2023) | Tax Year | 2019 |
PROPERTY TAXES
Parcel Number
010361004670
Land Assessment
$376,255 CAD (2023)
Improvements Assessment
$865,455 CAD (2023)
Total Assessment
$1,241,710 CAD (2023)
Annual Taxes
$46,689 CAD
Tax Year
2019
zoning
| Zoning Code | Mixed Use Business Park |
| Mixed Use Business Park |
-
Sandy Hoff -
F.I. Salter Real Estate, Inc.
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4005 W Michigan St - Perkins West
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