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    23Rd St Bemidji, MN 56601

    For Sale
    $95,000

    Prime Commercial Lot, 24,375 sq ft

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 24,375 square foot commercial land parcel presents a remarkable development opportunity in Bemidji, Minnesota. Located at xx 23rd Street NW, 56601, this property boasts a highly desirable location within a thriving commercial area. The lot is zoned for commercial use, offering flexibility for a variety of businesses. Its strategic position provides easy access from Highway 2, placing it within close proximity to a significant concentration of retail establishments. Nearby businesses include Home Depot, Target, Menards, and Walmart, along with numerous medical providers and other retailers. This prime location makes it ideal for expanding an existing business or establishing a new office, service, or medical facility. The site offers convenient access to essential utilities, including broadband, electricity, sewer, and water. Underground utilities are also available. The seller is open to build-to-suit options, making this an even more attractive proposition for potential buyers. With its size, location, and potential, this property represents a compelling investment opportunity in a rapidly growing commercial neighborhood. The lot size is 0.56 acres (24,375 square feet).

    Property Features for 0 23Rd St

    General Information

    Property type
    Land

    HighLights

    • 0.56 acres (24,375 square feet) commercial lot in Bemidji, MN.
    • Located on 23rd Street NW, near major retailers (Home Depot, Target, Menards, Walmart) and medical facilities.
    • Zoned for commercial use, ideal for various businesses, including office, service, or medical facilities.
    • Excellent highway access (Highway 2) and available utilities (broadband, electricity, sewer, water, underground utilities).
    • Seller open to build‑to‑suit options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bemidji
    County
    Beltrami
    State
    Minnesota
    Longitude
    -94.9016904
    Latitude
    47.4903842

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, 24,375 sq ft
    Where is this land located?
    The property is located at 23Rd St Bemidji, MN.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: 0.56 acres (24,375 square feet) commercial lot in Bemidji, MN.; Located on 23rd Street NW, near major retailers (Home Depot, Target, Menards, Walmart) and medical facilities.; Zoned for commercial use, ideal for various businesses, including office, service, or medical facilities.
    (218) 210-8944
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    23Rd St Bemidji, MN 56601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23Rd St Bemidji, MN 56601
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