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    1808 Division St Bemidji, MN 56601

    Sponsored
    For Sale
    $249,000

    Prime Bemidji location, 47,916 sq ft lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land opportunity presents a unique chance to acquire a substantial 47,916 square foot lot situated at 1808 Division Street West in Bemidji, Minnesota, zip code 56601. The property, built in 1979, is conveniently located just west of downtown Bemidji on a well-traveled thoroughfare, offering excellent visibility and accessibility. The expansive lot size provides ample space for a variety of commercial developments, including retail spaces, office buildings, or other commercial ventures. The approximately one-acre parcel allows for generous parking and potential for future expansion. This property has remained unoccupied for several years and is being sold "As Is," presenting a blank canvas for your vision. The asking price is $249,000. This is an ideal investment for entrepreneurs and developers seeking a prime location in a growing Minnesota community. The property's size and location offer significant potential for return on investment. Serious inquiries are encouraged. The property is located in Beltrami County.

    Property Features for 1808 Division St

    General Information

    Property type
    Land

    Building Details

    Year Built
    1979

    HighLights

    • 47,916 SF lot at 1808 Division Street West, Bemidji, MN 56601.
    • Located just west of downtown Bemidji on a well‑traveled road, offering high visibility.
    • One‑acre parcel suitable for various commercial developments.
    • Currently vacant and sold "As Is," priced at $249,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Hair Salon Nail Salon Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bemidji
    County
    Beltrami
    State
    Minnesota
    Longitude
    -94.9075935
    Latitude
    47.4684089

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    FAQs

    What type of property is this?
    Land - Prime Bemidji location, 47,916 sq ft lot.
    Where is this land located?
    The property is located at 1808 Division St Bemidji, MN.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: 47,916 SF lot at 1808 Division Street West, Bemidji, MN 56601.; Located just west of downtown Bemidji on a well-traveled road, offering high visibility.; One-acre parcel suitable for various commercial developments.
    Request Owner's contact information
    1808 Division St Bemidji, MN 56601
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    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
    1808 Division St Bemidji, MN 56601
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