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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 on 23rd Street NW, this 0.56-acre lot boasts a highly desirable location, offering easy access to Highways 2 and 71. The property is strategically situated directly south of a Home Depot, providing immediate proximity to a thriving commercial area. Numerous medical providers, big-box retailers (including Target, Menards, and Walmart), and several medium-box retailers are also nearby, ensuring high visibility and significant foot traffic. This prime location is ideal for expanding an existing business or establishing a new office, service, or medical facility. The site benefits from available utilities including broadband, electricity, and sewer, with underground utilities already in place. The property is zoned for commercial use, allowing for a wide range of development possibilities. A build-to-suit option is available, offering flexibility and customization to meet specific business needs. This is an exceptional opportunity to secure a prominent location in a rapidly growing commercial neighborhood. The asking price is $95,000. Don't miss this chance to invest in a thriving Bemidji commercial area. The property is located in Beltrami County, Minnesota, zip code 56601.

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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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