Commercial

Perham, MN Commercial Land for Sale

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High-Traffic Commercial Development Lot
Updated: Mar 4
High-Traffic Commercial Development Lot

Lakeside Drive N, Perham, MN 56437

$249,900
0.65 AC lot
Commercial lot in Perham, Minnesota (Otter Tail County) at provided coordinates (-95.58057, 46.60145)
Utilities: water available
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Wooded Highway-Frontage Land Parcel
Updated: Jun 26
Wooded Highway-Frontage Land Parcel

42023 County Highway 14, Perham, MN 56573

$45,000
1.73 AC lot
1.73 acres of vacant land with a wooded setting
Located on paved County Highway 14 just outside the city limits of Richville
Easy access via County Highway 14
Property suitable for a business, storage building, camping retreat, or future build
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High-Visibility Commercial Lot
High-Visibility Commercial Lot

145 1st Avenue S, Perham, MN 56573

$235,000

Commercial lot measuring 25' by 150' in a high-visibility setting with strong daily traffic exposure.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Perham, 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.

Commercial Land Near Highway 10
Commercial Land Near Highway 10

Randolph Road, Detroit Lakes, MN 56501

$489,900
4.00 AC lot

Approximately four acres with subdivision flexibility and water availability.

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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 Storage Development Lot
Commercial Storage Development Lot

37577 470th St #21, Frazee, MN 56544

Contact for pricing
0.13 AC lot

68x85 parcel within a planned common interest community for a 48x60 storage unit with pole-barn exterior.

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Pole Barn Storage Build Site
Pole Barn Storage Build Site

37577 470th St #25, Frazee, MN 56544

Contact for pricing

Parcel in a 25-lot common interest community offers room for a 48-by-60 storage unit build.

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Perham, MN Commercial Land Market Trends and Statistics

Explore 3 commercial land for sale in Perham, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 103,803 square feet of properties for sale, with an estimated market value of $529,900.

Sale prices for commercial lots in Perham, MN start at $45,000, averaging $176,633, and reaching up to $249,900 — 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 9
Waterfront Land 4
Commercial land 3

Demographics Overview

Population 6,868
Population Growth (5Y) +10.6%
Median Household Income $68,080
College Educated 36.7%

High-Yield Neighborhoods for Investment

Identify Perham submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Perham $140K
Bertha $249.9K

Taxes & Financing

Tax Rate (average for all types) 2.55%
Property Tax per SF $15.58 per SF
Tax Rate vs County Average 0.27 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Otter Tail County

New Delisted

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