Realmo Analytics
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Property summary
This unique 1883 Bemidji property at 205 Beltrami Avenue NW offers a compelling investment opportunity. Situated on a 3,484.8 square foot lot, this building boasts a striking Chicago brick exterior and is ideally located within walking distance of downtown amenities. The property features three upper-level apartments; one is currently leased for $830 per month, one is owner-occupied, and one is vacant. On the ground floor, three commercial spaces generate additional income. Space 205 (22 ft… wide x 30 ft deep), currently owner-occupied, previously housed a salon and tanning/skincare business. Space 207 (18 ft x 28 ft) is leased for $550 per month, and space 209 (16 ft x 32 ft with 11 ft ceilings) operates as a record shop, generating $850 in monthly rent. The building's versatility allows for diverse uses, limited only by the buyer's vision. A recently installed natural gas boiler helps manage winter heating costs, and each unit has its own electric meter and backup electric heat. This mixed-use property presents a rare chance to acquire a historic building with established rental income in a vibrant downtown location. The property is zoned for commercial, storefront, restaurant, warehouse, executive office, and residential uses.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 3,500 SF
- Lot area
- 0.16 ac
- Year built
- 1920
- APN
- 80.01101.00
- Assessed value · 2024
- $168,100
- Annual tax · 2024
- $2,732
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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