Financial
Distress signals
Property profile

3920 Hwy 2nd W Bemidji, MN 56601

OFF-MARKET
Office buildings
Property ID
US46-2942155
105,637 SF 30.28 ac lot Built 1997
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$206
Tax billed · 2024
Assessed value$14.61M
Assessed land$3.17M
Assessed improvement$11.44M
Effective rate0.00%

Value estimate

· Sep 2026
$16.91M
$15.22M – $18.60M
Submarket $/SF estimate$18.78M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$95 – $178

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBELTRAMI

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.8
Auto Repair Shop8.6
Plumbing Service8.6

Location

3920 Hwy 2nd W Bemidji, MN 56601-9300
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
403 4th NW, Bemidji, MN 56601-3142 $100,000 Jan 2026 15,842 SF
2017 Net NW, Bemidji, MN 56601-5147 $1,800,000 Dec 2024 14,768 SF
514 America NW, Bemidji, MN 56601-3069 $65,000 Sep 2024 7,620 SF
3416 Bemidji N, Bemidji, MN 56601-4331 $810,000 May 2024 6,694 SF
1705 Anne NW, Bemidji, MN 56601-6151 $23,200,000 Apr 2024 32,500 SF
923 Railroad SE, Bemidji, MN 56601 $1,500,000 Dec 2022 9,240 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3920 Hwy 2nd W?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message