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Property profile & analytics
OFF-MARKET
Land

2 Bemidji Mn Bemidji, MN 56601

61.04 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 61.04 ac (2,658,902 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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