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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:
    362
    This exceptional 24,375 square foot commercial land parcel presents a remarkable development opportunity in Bemidji, Minnesota. Located on 23rd Street NW, this 0.56-acre lot boasts a highly desirable location, offering easy access to Highways 2 and 71. The property is strategically situated directly south of a Home Depot, providing immediate proximity to a thriving commercial area. Numerous medical providers, big-box retailers (including Target, Menards, and Walmart), and several medium-box retailers are also nearby, ensuring high visibility and significant foot traffic. This prime location is ideal for expanding an existing business or establishing a new office, service, or medical facility. The site benefits from available utilities including broadband, electricity, and sewer, with underground utilities already in place. The property is zoned for commercial use, allowing for a wide range of development possibilities. A build-to-suit option is available, offering flexibility and customization to meet specific business needs. This is an exceptional opportunity to secure a prominent location in a rapidly growing commercial neighborhood. The asking price is $95,000. Don't miss this chance to invest in a thriving Bemidji commercial area. The property is located in Beltrami County, Minnesota, zip code 56601.

    Property Features for 0 23Rd St

    General Information

    Property type
    Land

    HighLights

    • $95,000 asking price.
    • 0.56‑acre commercial land parcel (24,375 sq ft).
    • Commercial zoning.
    • Utilities available: electricity, sewer, broadband; underground utilities.
    • Excellent location near major retailers (Home Depot, Target, Menards, Walmart) and medical providers; easy Highway 2 & 71 access.
    • Build‑to‑suit option available.
    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: $95,000 asking price.; 0.56-acre commercial land parcel (24,375 sq ft).; Commercial zoning.
    (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

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    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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