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    Property profile & analytics

    1510 Us 2 Bena, MN 56626

    • Retail space
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1201616
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 1510 Us 2

    Year built
    1932
    Property type
    Retail space
    Property subtype
    Storefront properties

    Description

    This exceptional 633,362.4 sq ft property in Bena, Minnesota, presents a unique investment opportunity. Located at 1510 US 2 NE, this landmark, built in 1932 and listed on the National Register of Historic Places, encompasses a thriving business with diverse revenue streams. The property includes a well-established general store, gas station, laundromat, and a highly successful RV park and campground featuring 42 seasonal RV spots, 12 year-round park model spots, and 4 overnight seasonal spots. Recent upgrades include new gas pumps, tanks, and concrete work. The property also includes a private residence suitable for an owner or manager. The substantial lot size offers significant room for future expansion and development, capitalizing on the existing infrastructure and the property's prime location in a beautiful Northern Minnesota community. Asking price is $5,500,000. This turnkey operation offers immediate income generation and substantial long-term growth potential. The property's classification includes land, retail, office, special purpose, and hospitality uses.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bena
    County
    Cass
    State
    Minnesota
    Longitude
    -94.2087352
    Latitude
    47.3456221
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    1510 Us 2
    Bena, MN 56626
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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