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    2 Bemidji Mn Bemidji, MN 56601

    Sponsored
    For Sale
    Contact for pricing

    61 Acres, Bemidji, MN Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 61.04-acre commercial land parcel presents a remarkable development opportunity in Bemidji, Minnesota. Strategically located at the intersection of Highway 71 and Highway 2, this property boasts unparalleled freeway frontage and high visibility, ensuring maximum exposure for any future development. The flexible B-1 zoning allows for a diverse range of uses, including residential, hotel, assisted living, industrial, and multifamily projects. Significant site preparation has already been completed, with pre-construction grading finished and utilities readily available on the north side of Highway 71. Situated within the city limits of Bemidji, this location offers convenient access to amenities and services while also being just south of the picturesque Lake Bemidji. The property's prime location in a community renowned for its outdoor recreational activities and year-round sporting opportunities makes it an attractive investment for developers seeking to capitalize on the area's thriving tourism and recreation sectors. The land is priced at $2 to $4 per square foot. APN numbers are 800561800 and 800568700. This is a rare chance to acquire a large, well-situated parcel with significant development potential in a desirable location.

    Property Features for 2 Bemidji Mn

    General Information

    Property type
    Land
    Lot Size
    2,658,902 SF

    HighLights

    • High‑traffic location with excellent visibility.
    • Convenient Highway 71 access.
    • Zoned for diverse development: residential, hotel, assisted living, industrial, and multifamily.
    • Ready for immediate development; site preparation is complete.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Auto Repair Shop Kitchen & Bath Food Market Storage Facility Grocery Store Electrical Service Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Bemidji
    County
    Beltrami
    State
    Minnesota
    Longitude
    -94.861076694303
    Latitude
    47.43029069757

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    FAQs

    What type of property is this?
    Land - 61 Acres, Bemidji, MN Development Opportunity
    Where is this land located?
    The property is located at 2 Bemidji Mn Bemidji, MN.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility.; Convenient Highway 71 access.; Zoned for diverse development: residential, hotel, assisted living, industrial, and multifamily.
    Request Owner's contact information
    2 Bemidji Mn 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
    2 Bemidji Mn Bemidji, MN 56601
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