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    292 Convenience Ln Bemidji, MN 56601

    Sponsored
    For Sale
    $595,000

    6.08 Acres, Highway Frontage, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6.08-acre commercial land parcel presents a prime development opportunity in Bemidji, Minnesota. Strategically located directly off heavily traveled Highways 2 and 71, this property boasts excellent visibility and convenient access. The site comprises two parcels (030166200 and 030166300) totaling 6.08 acres, offering flexibility for development. Zoning allows for a wide range of uses, making it ideal for automotive, equipment, or accessory dealerships, among other possibilities. The property benefits from city water and sewer (City of Bemidji), electricity (Ottertail Power), and natural gas (Enbridge Energy). Individual parcel details include: Parcel 1 (2.23 acres, APN 030166200) with 2022 taxes of $1,732

    Property Features for 292 Convenience Ln

    General Information

    Property type
    Land
    Lot Size
    264,845 SF

    HighLights

    • City of Bemidji water and sewer.
    • Ottertail Power electricity.
    • Enbridge Energy natural gas.
    • Parcel 1: 2.23 acres, APN 030166200, 2022 taxes $1,732.
    • Parcel 2: 3.85 acres, APN 030166300, 2022 taxes $5,452.
    • Parcel 1: $242,000 ($2.50/psf).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bemidji
    County
    Beltrami
    State
    Minnesota
    Longitude
    -94.8678959
    Latitude
    47.431159

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    FAQs

    What type of property is this?
    Land - 6.08 Acres, Highway Frontage, High Visibility
    Where is this land located?
    The property is located at 292 Convenience Ln Bemidji, MN.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: City of Bemidji water and sewer.; Ottertail Power electricity.; Enbridge Energy natural gas.
    (320) 257-5400
    Request Owner's contact information
    292 Convenience Ln 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
    292 Convenience Ln Bemidji, MN 56601
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