Technical
Financial
Distress signals
Property profile

944 Industrial Park SE Dr Bemidji, MN 56601

OFF-MARKET
Warehouses
Property ID
US46-2075367
5,800 SF 2.35 ac lot Built 1995
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 6,000-square-foot warehouse and shop space is ideally situated in Bemidji's Industrial Park (944 Industrial Park Drive SE, Bemidji, MN 56601). The property boasts a single-tenant occupancy, offering 6,000 square feet of vacant space ready for immediate use. Built in 1995, the building features a 20-foot ceiling height, two drive-in doors, and includes 640 square feet of office space with mezzanine storage. Heating is provided by radiant heat in the warehouse/shop and forced air in the office. Security is enhanced by complete perimeter fencing with remote-controlled gates. The expansive 3.52-acre lot also includes a 24x60 lean-to, perfect for cold storage. The property is zoned Industrial (APN: 800449500) and has an annual tax cost of $1.13 per square foot. Three 18' wide x 16' high overhead doors provide ample access. This turnkey operation is ready for your business. The property is located in Bemidji, Beltrami County, Minnesota.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1995
Construction WOOD
Total area 5,800 SF
Lot 2.35 ac (102,230 SF)
APN 80.04495.00
UPID US46-2075367

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

944 Industrial Park SE Dr Bemidji, MN 56601-5424
Bemidji metro Census 450706 BEMIDJI, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 2022
Last sale
$450,000
1 recorded transaction
2022
$450,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 944 Industrial Park SE Dr?
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