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Property profile & analytics

1788 Paul Bunyan NW Dr Bemidji, MN 56601-4106

  • Retail space
  • 6,640 SF
  • 1.29 lot acres
OFF-MARKET
Value Estimation
$815,000
Last Sale
Jan 11, 2024
$825,000
Location Intelligence
Property ID
US46-2149262
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 1788 Paul Bunyan NW Dr

Year built
1977
Construction
WOOD
Lot size
1.29 lot acres
Property size
6,640 SF
Property type
Retail space
APN
80.03018.01
APU
800301801

Description

This exceptional 6,700 square foot commercial property, located at 1788 Paul Bunyan Dr NW in Bemidji, Minnesota (zip code 56601), presents a unique leasing opportunity. The space is ideally suited for a variety of uses, including traditional office, coworking, executive office, medical office, and creative office tenants. The property features a single tenancy layout with 4,320 square feet of retail/office space seamlessly connected to a 2,380 square foot heated shop and storage area. This expansive space boasts a well-appointed kitchenette, built-out offices, a bathroom, and updated lighting throughout, offering a truly turnkey solution for prospective tenants. The property enjoys a highly visible location on a major roadway in Bemidji, providing excellent accessibility and exposure. Its proximity to prominent retailers such as Starbucks, Target, and Walmart ensures high traffic and visibility. The property is situated in Beltrami County. Floor covering and tenant improvement allowances are negotiable. This presents a rare opportunity to secure a versatile and well-equipped commercial space in a thriving Bemidji location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $825,000
  • CAP approach

    CAP return
    Estimation
    6%
    $850,000
    6.5%
    $750,000
    7%
    $765,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $805,000
    Geo Method
    $775,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $785,000
    Retail
    $765,000
    Mixed-Use
    $840,000
    Hospitality
    $860,000
    Educational
    $750,000
    Residential Income
    $815,000
    Energy
    $655,000
    Income-Based Land
    $690,000
    Food Service
    $690,000

Location Insight

  • Map
  • Local Demand
City
Bemidji
County
Beltrami
State
Minnesota
Longitude
-94.9056
Latitude
47.4935
CBSA code
13420
CBSA name
BEMIDJI, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$19,768
$525,500
$219,000
$744,500
-
$525,500
$219,000
$744,500
More about this property
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