Commercial

Perham, MN Commercial Land for Sale

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Commercial Land with Water Available
Updated: Mar 4
Commercial Land with Water Available

Lakeside Drive N, Perham, MN 56437

$249,900
0.65 AC lot
0.653‑acre commercial land parcel
Water available at the property
Located on Lakeside Drive N in Perham, MN 56437
Near established multifamily housing and residential neighborhoods
Situated in Otter Tail County
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Wooded Highway-Frontage Land Parcel
Updated: Jun 26
Wooded Highway-Frontage Land Parcel

42023 County Highway 14, Perham, MN 56573

$45,000
1.73 AC lot
1.73 acres of vacant land with a wooded setting
Located on paved County Highway 14 just outside the city limits of Richville
Easy access via County Highway 14
Property suitable for a business, storage building, camping retreat, or future build
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Perham, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land with Utilities
Commercial Land with Utilities

Randolph Road, Detroit Lakes, MN 56501

$489,900
4.00 AC lot

Commercial land with water, sewer, and natural gas available on site.

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Visible Commercial Land
Visible Commercial Land

1241 College Way, Fergus Falls, MN 56537

$125,000

Commercial land positioned along College Way near Lincoln Avenue, with assessments paid.

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High-Visibility Commercial Land Lot
High-Visibility Commercial Land Lot

11284 County Highway 17, Detroit Lakes, MN 56501

$219,000

High-visibility lot off US Highway 59 S with survey, fencing, well, and a completed approach.

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Commercial Development Land
Commercial Development Land

Pioneer Road, Fergus Falls, MN 56537

$395,000
36.68 AC lot

36.68-acre development site near I-94 with frontage on Pioneer Road in Fergus Falls, Minnesota.

View details

Perham, MN Commercial Land Market Trends and Statistics

Explore 2 commercial land for sale in Perham, MN on our real estate platform. These investment opportunities span a total of 103,803 square feet of properties for sale, with an estimated market value of $294,900.

Sale prices for commercial lots in Perham, MN start at $45,000, averaging $147,450, and reaching up to $249,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 10
Waterfront Land 4
Commercial land 2

Demographics Overview

Population 6,868
Population Growth (5Y) +10.6%
Median Household Income $68,080
College Educated 36.7%

High-Yield Neighborhoods for Investment

Identify Perham submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Perham - 56573 $45K
Bertha - 56437 $249.9K

Taxes & Financing

Tax Rate (average for all types) 2.55%
Property Tax per SF $15.58 per SF
Tax Rate vs County Average 0.27 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Otter Tail County

New Delisted

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