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    Property profile & analytics

    713 Beltrami Ave Bemidji, MN 56601

    • Office buildings
    • 2,584 SF
    • 0.24 lot acres
    For Sale
    View listing
    $324,900
    Value Estimation
    Location Intelligence
    Property ID
    US46-2748717
    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

    • Office buildings

    Property Details for 713 Beltrami Ave

    Year built
    1976
    Construction
    WOOD
    Lot size
    0.24 lot acres
    Property size
    2,584 SF
    Property type
    Office buildings
    APN
    80.00887.00
    APU
    800088700

    Description

    This well-located 2,584 square foot office building in downtown Bemidji, Minnesota, presents a fantastic opportunity for businesses seeking a comfortable and convenient workspace. Situated on a 0.24-acre lot, the property boasts ample off-street paved parking for employees, ensuring easy access and convenience. The building itself features six individual offices, perfect for a variety of business configurations, along with a dedicated conference room ideal for meetings and presentations. A welcoming reception area provides a professional first impression, and two bathrooms add to the overall functionality. The property also includes a sizable yard area, offering potential for outdoor use or expansion. A full, unfinished basement provides significant additional storage or potential for future development. The building offers easy street and alley access, enhancing both accessibility and logistical efficiency. A lease option may be available for qualified tenants, providing flexibility for potential occupants. This property is an excellent choice for businesses seeking a well-maintained, centrally located office space in a thriving community.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $245,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $295,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $260,000
      Mixed-Use
      $270,000
      Hospitality
      $265,000
      Educational
      $270,000
      Residential Income
      $265,000
      Energy
      $210,000
      Income-Based Land
      $265,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Bemidji
    County
    Beltrami
    State
    Minnesota
    Longitude
    -94.8816
    Latitude
    47.4752
    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
    $7,060
    $84,000
    $216,000
    $300,000
    -
    $84,000
    $216,000
    $300,000

    Comparable in this City

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    • Value Estimation by Request
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    • Value Estimation
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      3,968 SF

      520 4th NW St

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      View Details
    • Value Estimation
      $285,000
      3,968 SF

      520 4th NW St

      OFFICE BUILDING • 3,968 SF
      520 4th NW St, Bemidji, MN 56601-2951
      View Details
    • Value Estimation
      $345,000
      989 SF

      403 America NW Ave

      OFFICE BUILDING • 989 SF
      403 America NW Ave, Bemidji, MN 56601-3122
      View Details

    Similar Nearby for Sale

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    Bemidji, MN 56601
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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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