Commercial

Pelican Rapids, MN Commercial Land for Sale

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Battle Lake, MN Erhard, MN Lake Park, MN Detroit Lakes, MN Rothsay, MN Dent, MN Vergas, MN Barnesville, MN
Undeveloped Commercial Land
Updated: Jan 5, 2024
Undeveloped Commercial Land

10XX S Broadway, Pelican Rapids, MN 56572

$65,000
0.71 AC lot
0.71‑acre commercial land parcel
Frontage along Highway 59 / Broadway
Located in Pelican Rapids’ central business district
MNDot average daily traffic estimate: 6091 vehicles
Water available
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Pelican Rapids, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Auto Shop with Billboard Exposure
Auto Shop with Billboard Exposure

520 Main St W, Detroit Lakes, MN 56501

$165,000
896 sqft

The property offers on-site parking and space for a future building expansion.

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Visible Commercial Land
Visible Commercial Land

1241 College Way, Fergus Falls, MN 56537

$125,000

Commercial land positioned along College Way near Lincoln Avenue, with assessments paid.

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High-Visibility Commercial Land Lot
High-Visibility Commercial Land Lot

11284 County Highway 17, Detroit Lakes, MN 56501

$219,000

High-visibility lot off US Highway 59 S with survey, fencing, well, and a completed approach.

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Commercial Development Land
Commercial Development Land

Pioneer Road, Fergus Falls, MN 56537

$395,000
36.68 AC lot

36.68-acre development site near I-94 with frontage on Pioneer Road in Fergus Falls, Minnesota.

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Pelican Rapids, MN Commercial Land Market Trends and Statistics

Explore 1 commercial land for sale in Pelican Rapids, MN on our real estate platform. These investment opportunities span a total of 30,928 square feet of properties for sale, with an estimated market value of $65,000.

Sale prices for commercial lots in Pelican Rapids, MN average $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

Commercial property segments ranked by active listings on the market

Residential land & home lots 38
Waterfront Land 3
Agricultural land / Farmland 1
Commercial land 1
Hunting 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 Investment

Identify Pelican Rapids submarkets with the highest inventory density on the market and evaluate the average 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 SF
Tax Rate vs County Average 0.53 pp above county avg
Average Loan-to-Value 65.0%

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