Property profile

L1 B5 Lk Shr Dr Bemidji, MN 56601

OFF-MARKET
Land
2.69 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2.69-acre commercial land parcel presents a remarkable investment opportunity in Bemidji, Minnesota. Located at L1 B5 Lake Shore Drive NE, 56601, this property boasts a prime location within the South Shore Addition, offering unparalleled visibility and accessibility. The permitted zoning is Business/Commercial, allowing for a wide range of development possibilities. Imagine the potential of building your dream business in this thriving area, just steps away from the scenic beauty of Lake Bemidji and the Paul Bunyan Trail. The convenience of having three hotels, two restaurants, and the Sanford Center within easy walking distance adds significant value and appeal. This is a rare chance to become a part of the vibrant Lake Bemidji skyline, capitalizing on the area's strong tourism and local economy. The asking price for this exceptional property is $347,753. Don't miss this opportunity to secure a piece of Bemidji's burgeoning commercial landscape. Act quickly, as properties like this are in high demand. The property's coordinates are 47.4631486 latitude and -94.8607318 longitude.

Property profile

Verified
Property type Land
Lot 2.69 ac (117,176 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

L1 B5 Lk Shr Dr Bemidji, MN 56601
Bemidji metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own L1 B5 Lk Shr Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message