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Property profile & analytics
OFF-MARKET
Land

23rd 23Rd St Bemidji, MN 56601

Property ID
Property summary
AI-generated overview

This exceptional 24,375 square foot commercial land parcel presents a remarkable development opportunity in Bemidji, Minnesota. Located at 23rd Street NW, 56601, this property boasts convenient access to major transportation arteries, including Highways 2 and 71. Its strategic location places it directly south of a Home Depot, ensuring high visibility and proximity to a thriving commercial hub. The area is densely populated with a variety of businesses, including numerous medical providers, big-box retailers such as Target, Menards, and Walmart, as well as numerous medium-sized retailers. This prime location offers unparalleled potential for a wide range of commercial ventures, making it ideal for businesses seeking to establish a new presence or expand their existing operations. The property is zoned for commercial use and features underground utilities, including available broadband, electricity, and sewer. The seller is open to build-to-suit options, offering flexibility and customization for prospective buyers. This 0.56-acre lot represents a rare opportunity to acquire a highly desirable commercial property in a rapidly growing area. The asking price is $95,000.

Property profile
Verified
Property type Land
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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