2320 Rice Lake Rd, Duluth, MN 55811 - Valuation report, cap rates, free data
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2320 Rice Lake Rd, Duluth, MN 55811

Indicative value *
$0.3M - $0.4M
* This indicative valuation is based on sales of other properties in the area, where data is available (see interactive map in the Sales Transactions tab below). For more accurate valuation, please request
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C
Overall location
score
97
Value decline
risk score
82
Value growth
potential score
  • Residential district area with 92% of people residing in the area and 8% commuting here for work
  • Medium household income of $43,534/year in 0.3mi and $44,899/year in 3mi
  • Medium population density of 2,126/sq.mi. in 0.3mi and low population density of 1,608/sq.mi. in 3mi
  • Not on higway, but relatively close, highway score is 60 (out of 100)
  • Population has average level of education with 30% of people with bachelor degrees
  • Employers in the area are medium-size businesses, including College of St. Scholastica, Chris Jensen Llc, Chris Jensen Llc Chris Jensen Health & Rehabilitation Ctr, Northern Communities Credit Union
  • Low retail growth
  • Not popular area with foot traffic score of 0 (out of 100)
  • Limited public transit with transit score of 3 (out of 100)
  • Limited business growth
  • Low job growth in the area (within 3mi radius)
  • Far from an urban center
  • Very few amenities within walking distance
  • USA / Minnesota / 55811 / 2320 Rice Lake Rd, Duluth, MN 55811, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    9
    16666
    11/05/20
    Multi-Family
    60
    8333
    08/08/19
    Multi-Family
    60
    10000
    08/08/19
    Multi-Family
    60
    50000
    08/08/19
    Multi-Family
    60
    10000
    08/08/19
    Multi-Family
    28
    6785
    05/09/19
    Multi-Family
    13
    59615
    02/08/18
    Multi-Family
    84
    179428
    10/24/17
    Multi-Family
    84
    94047
    08/29/17
    Multi-Family
    Estimated cap rates are calculated assuming current average market rents, market vacancy, and average costs for each property. Actual cap rates may differ substantially if the property had lower or higher rents than average for the market, or had a higher or lower than market vacancy, or costs
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    Foot traffic

    Population Density

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    Business Density

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