507X Maple Grove Road Hermantown, MN $ 895,000
507X Maple Grove Road
$ 895,000
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507X Maple Grove Road

Hermantown, MN, 55811
$ 895,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 6,182

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Lots and Land for sale in Hermantown, MN

for $895,000. The lot size is 12.87.

300K price reduction + Seller is open to contract-for-deed financing. Prime development site for a residential or multi-family apartment project. Adjacent to the Pillars of Hermantown, a newer luxury senior living building which has experienced strong demand. Hermantown City Hall is across the street from there. Only 2.2 miles to Miller Hill Mall and close proximity to Sam's Club, Costco, Target and an abundance of other shopping and restaurants. 5 Miles to DT Duluth and 2.5 Miles to Duluth International Airport. Recent studies show strong local housing demand and this parcel is ideally situated. We have concept plans for a multi-family apartment building and one for Twinhomes and Villa Homes which have both previously been approved by the city. Don’t miss capitalizing on this opportunity - Inquire for additional information!

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Lots and Land Active

Price

$ 895,000

Property Type

Lots and Land

Taxes

$ 368

Style

Lot Size

12.87

Town/City

Hermantown

County/Region

Saint Louis

MLS | Web ID

7151538

Features
General
Utilities Other Available Other Connected
Development Status Raw Land
HOA Fee 0
Topography Gently Rolling
Tax Year 2026
Additional Parcels Description 395001004138
County St. Louis
Property Type Land
HOA N
Contingency None
Subdivision Name Hermantown City Of
Directions Hyy 194 to West on Maple Grove Rd for 2.5 Miles to the site on the North.
City Hermantown
High School District Hermantown
Zoning Description Residential-Multi-Family Residential-Single Family
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 368
Additional Parcels Y/N Y
Standard Status Active
Restrictions Open
Lender Owned No
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Exterior
Inclusions None
Lot Size Area 12.87
Lot Dimensions 1
Waterfront Y/N N
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Interior
Basement (Y/N) N
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Internal Only
Street Number 1 507
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* Excluded Features
List By
Pemberton Re

Broker

mail@josephrallen.com

Email

Affordability Calculator

$6,212
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,182
Monthly Property Taxes
$31
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3048338 Elementary School
3048506 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2026$895,000 Listed Price

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507X Maple Grove Road, Hermantown, MN, 55811 is a Lots and Land for sale at $895,000 with a lot size of 12.87. 507X Maple Grove Road has 0.0 baths. The property's zip code is 55811 which is in Hermantown, MN