Commercial

Perham, MN Commercial Land for Sale

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Dent, MN New York Mills, MN Frazee, MN
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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Subdividable Commercial Land Parcel
Subdividable Commercial Land Parcel

Randolph Road, Detroit Lakes, MN 56501

$489,900
4.00 AC lot

A development-ready land parcel with on-site utilities and an option to subdivide prior to closing.

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Commercial Land with Rail Access
Commercial Land with Rail Access

507 Ash Avenue NW, Wadena, MN 56482

$100,000
2.05 AC lot

High-visibility lot in Wadena with rail access and measured MnDOT traffic counts for dependable transportation connectivity.

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Commercial Development Land Opportunity
Commercial Development Land Opportunity

Highland Drive, Detroit Lakes, MN 56501

$369,900
2.00 AC lot

Two acres near Highway 10 with city water, sewer, and natural gas available for flexible development planning.

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Walmart Outlot | 1.11 Acres
Walmart Outlot | 1.11 Acres

100 Juniper Ave, Wadena, MN 56482

Contact for pricing
1.11 AC lot

Commercial land available as a Walmart outlot.

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Perham, MN Commercial Land Market Trends and Statistics

Explore 2 commercial land for sale in Perham, 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 $294,900.

Sale prices for commercial lots in Perham, MN start at $45,000, averaging $147,450, 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

Waterfront Land 3
Residential land & home lots 3
Commercial land 2
Recreation land 1

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
Bertha - 56437 $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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