You are browsing as a guest. Register to access key data for free.
Property profile

2300 24th NW St Bemidji, MN 56601

OFF-MARKET
Strip malls
Property ID
US46-2572710
View Sample
9,000 SF 1.87 ac lot Built 2006
Entity Owned 9-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional Class A commercial property, located at 2300 24th St NW in Bemidji, Minnesota, 56601, offers a prime opportunity for businesses seeking flexible and modern office space. The 17,018 square foot building, constructed in 2006, features multiple suites ranging from 1,809 to 5,650 contiguous square feet, with a total of 5 suites available. Currently, 7,459 square feet are vacant, providing significant space for expansion or multiple tenants. The property is categorized as Retail, Office, and Special Purpose, suitable for Executive Office, Medical Office, or Traditional Office uses. The 0.67-acre lot provides ample parking with 130 spaces available for tenants and clients. The building boasts convenient access from Highways 2 and 71, placing it in a high-traffic area with excellent visibility. Its strategic location directly south of Home Depot and near numerous medical providers, big-box retailers (Target, Menards, Walmart), and other medium-box retailers ensures high foot traffic and brand recognition. Power is supplied by Ottertail. Pylon signage opportunities are available, enhancing visibility and brand awareness. This property presents a rare opportunity to establish a thriving business in a dynamic and growing commercial neighborhood.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Construction FRAME
Total area 9,000 SF
Lot 1.87 ac (81,420 SF)
APN 80.05235.00
UPID US46-2572710

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2300 24th NW St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message