Property profile

0 23Rd St Bemidji, MN 56601

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 24,375 square foot commercial land parcel presents a remarkable development opportunity in Bemidji, Minnesota. Located at xxx 23rd St NW, 56601, this property boasts a highly desirable location within a thriving commercial area. Its strategic positioning offers easy access to major transportation arteries, including Highways 2 and 71, ensuring excellent visibility and convenient access for customers and employees. The site is situated directly south of a Home Depot, benefiting from the high traffic volume generated by this anchor tenant. Furthermore, the property enjoys close proximity to a variety of established businesses, including numerous medical providers, big-box retailers such as Target, Menards, and Walmart, as well as numerous medium-box retailers. This prime location makes it ideal for a wide range of commercial ventures, providing an excellent opportunity to establish a new business or expand an existing one. The property is zoned for commercial use, simplifying the development process. The seller is open to build-to-suit options, offering flexibility and customization to meet specific business needs. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly growing area. The asking price for this exceptional property is $105,000.

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

Location

23Rd St Bemidji, MN 56601
Bemidji metro
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Value estimations

Realmo proprietary · 4 methods
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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
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