Property profile

0 Balsam Rd Bemidji, MN 56601

OFF-MARKET
Land
10 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a unique opportunity for significant development in Bemidji, Minnesota. Located at the high-traffic intersection of Highway 71 and Balsam Road NW, this property comprises two parcels totaling approximately 27 acres. The combined parcels boast an impressive ~1,275 feet of frontage along Highway 71, ensuring exceptional visibility and accessibility for any commercial venture. The northern parcel encompasses 14 acres, while the southern parcel offers 12.87 acres. Both parcels are zoned for commercial use, providing flexibility for a wide range of development possibilities. The property's size and location make it ideal for a variety of uses, from retail and restaurants to office spaces and light industrial facilities. The potential for subdivision exists, allowing for tailored development to meet specific needs, or the parcels can be combined for a larger-scale project. This prime location in Beltrami County, with a 56601 zip code, offers easy access to Bemidji's amenities and a strong local economy. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Minnesota community. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 10 ac (435,600 SF)

Cap rate & NOI

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

Location

Balsam Rd 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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