Pelican Rapids, MN
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    Pelican Rapids, MN Commercial Land for Sale

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    Lake Park, MN Detroit Lakes, MN Underwood, MN
    Commercial Lot on Highway 59
    $65,000
    0.71 Acres

    Commercial Lot on Highway 59

    10xx S Broadway, Pelican Rapids, MN 56572

    0.71 acre commercial lot in central business district.

    • Prime commercial lot in the central business district.
    • High traffic location on Highway 59 / Broadway.
    • Rare 0.71 acre lot size.
    • Undeveloped parcel offering a blank slate.
    • Located in Pelican Rapids.
    Updated: Jan 5, 2024
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Pelican Rapids, MN, we suggest exploring several alternatives:

    Pelican Rapids, MN Commercial Land Investment Opportunities Market Analysis

    Explore 1 commercial land for sale in Pelican Rapids, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $65,000.

    Sale prices for commercial lots in Pelican Rapids, MN start at $65,000, averaging $65,000, and reaching up to $65,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Residential land & home lots 37
    Commercial land 1
    Recreation land 1

    Demographics Overview

    Population 5,900
    Population Growth (5Y) +11.1%
    Median Household Income $83,631
    College Educated 38.4%

    High-Yield Neighborhoods for Strategic Investment

    Identify Pelican Rapids submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    56572 $65K

    Taxes & Financing

    Tax Rate (average for all types) 2.80%
    Property Tax per SF $22.30 per sq ft
    Tax Rate vs County Average 0.53 pp above county avg
    Average Loan-to-Value 65.0%

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