Sold
Last Sold Price
43,560 Lot Size1 Acres
4894 W Arrowhead Rd, Hermantown, MN 55811
LandProperty Type
1 acresLot Size

Description

Are you looking for a highly visible centrally located Commercial Hermantown property? This 1 acre Lot is ready to develop with approval from the City of Hermantown. Additional land is available. Call for more information and make your commercial dreams come true!Are you looking for a highly visible centrally located Commercial Hermantown property? This 1 acre Lot is ready to develop with approval from the City of Hermantown. Additional land is available. Call for more information and make your commercial dreams come true!

Listing Agent

  1. Tommy Archer

    Tommy Archer

    Listing Agent

    Coldwell Banker Realty - Duluth

Listing closed: 08/21/2025 12:00 AM • Source: Lake Superior Area REALTORS as distributed by MLS GRID, MLS#: 6117706

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Recent comparable sales

Median sold price

$115,000

Avg days on market

120

Sale-to-list ratio

93.3%

Hermantown, MN

9 comparable properties found

$150,000 | 49-xx West Arrowhead Road, Hermantown, MN 55811
1/2
1

$150,000

Sold 01/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8.8
Acres
$112,000 | Xxxx Silver Leaf Street, Hermantown, MN 55811
1/4
2

$112,000

Sold 06/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.88
Acres
$54,000 | Xxxx Foxborrow Drive, Hermantown, MN 55811
1/6
3

$54,000

Sold 10/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.61
Acres
$110,000 | Xxx Beaver Creek Road, Hermantown, MN 55811
1/2
4

$110,000

Sold 07/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.77
Acres
$78,000 | Xxx Lavaque Road, Hermantown, MN 55811
1/11
5

$78,000

Sold 01/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4
Acres
$135,000 | Xxx Xxx Merganser Drive, Hermantown, MN 55811
1/12
6

$135,000

Sold 07/24/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.56
Acres
$145,000 | 3907 Merganser Drive, Hermantown, MN 55811
1/9
7

$145,000

Sold 12/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.57
Acres
$115,000 | Xxx Lot 5 Xxx Road, Hermantown, MN 55811
1/15
8

$115,000

Sold 06/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.19
Acres
$115,000 | Xxx Lot 4 Xxx Road, Hermantown, MN 55811
1/15
9

$115,000

Sold 09/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.19
Acres

Location

Listing Courtesy of Coldwell Banker Realty - Duluth
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$3,094 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,429

Property Taxes

$665

HOA Dues

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Property Information for 4894 West Arrowhead Road

Property Details
  • MLS Type: Land / Commercial
  • View: Typical
  • Waterfront YN: No
Building Information
  • Lot Size: 1.00 AC
Summary
Location and General Information
  • Directions: Cross Miller Trunk Hwy on Arrowhead - Property is on Left Side on Corner of Arrowhead and Stebner.
  • Latitude: 47
  • Longitude: -92
  • MLSArea Major: LSAR
  • Road Frontage Type: Paved Road
  • Road Responsibility: Public Maintained Road
Parking
  • Parking Features: None
School Information
  • High School District: Hermantown #700
Taxes and HOA
  • Association YN: No
  • Taxes With Assessments: 0
  • Parcel Number: tbd
  • Tax Annual Amount: $.00
  • Tax Legal Description: TBD Survey to be filed at closing
  • Tax Year: 2025
Property
Lot Information
  • Lot Features: Additional Land Available, Corner Lot, High, Level, See Remarks
  • Lot Size Acres: 1.0
  • Lot Size Dimensions: 208.7 x 208.7
Property and Assessments
  • Available Development Units: ***
  • Improvements: Survey Stakes
  • Land Access: ***
  • Land Improvements: 1
  • Possession: Immediate
  • Property Sub Type: Commercial
  • Property Type: Land
Utilities
  • Utilities: City Water, City Sewer, Electricity Available, Natural Gas Available, Telephone Available, Garbage
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2025-02-05
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Minnesota Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No

Property History for 4894 West Arrowhead Road

DateEvent & SourcePriceAppreciation
Aug 21, 2025

Sold

NorthStar #6657301

$455,000—
Aug 21, 2025

Sold

Lake Superior Area REALTORS #6117706

$455,000—
Jul 16, 2025

Pending

NorthStar #6657301

—
DateEvent & SourcePrice
08/21/2025

Sold

NorthStar #6657301

$455,000
08/21/2025

Sold

Lake Superior Area REALTORS #6117706

$455,000
07/16/2025

Pending

NorthStar #6657301

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4894 West Arrowhead Road

Taxable ValueLand$306,300Additions-Total$306,300
Tax Record2026$7,982 ($665 / month)
Home Facts
Lot Size43,560 SqFtStyleCommercialCountyST. LOUISAPN395-0010-03675

Schools near 4894 West Arrowhead Road

This home is within Hermantown Public School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hermantown Elementary School
PublicK to 4

Hermantown Middle School
Public5 to 8

Hermantown Senior High School
Public9 to 12

Hermantown Alternative Learning Program
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4894 West Arrowhead Road, Hermantown, MN 55811
$455,000
–
–
–
43,560
$298,000
–
–
–
43,560
$298,000
–
–
–
43,560
$3,225,000
–
1.5
75,274
435,600
$150,000
–
–
–
383,328
–
–
–
–
348,334

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Duluth

Based on information submitted to the MLS GRID as of 08/22/2025 08:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.