Active

$1,122,000

1612 Balsam Rd NW, Bemidji, MN 56601

--beds

--baths

12.87Acres

Unimproved Land

Built in ----

12.87 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Excellent visibilityStrong traffic countsEasy access

Prime commercial acreage on Hwy 71 in Bemidji, MN. Don’t miss this exceptional opportunity to secure a large tract of low-density commercial acreage along the highly traveled Hwy 71 corridor in Bemidji. This expansive site offers excellent visibility, easy access, and strong traffic counts—making it an ideal location for a wide range of commercial or mixed-use development. Positioned in a growing commercial area just minutes from downtown Bemidji, this property offers flexibility for developers, investors, or business owners looking to establish or expand their presence in Northern Minnesota. Whether you’re envisioning a retail center, office complex, or service-based business, the possibilities here are wide open. Property contains 1,636 SF House (Build in 1920) - As-Is (No Additional Details). Additional Acreage: 37.59 Acres located on the North side of Balsam Road at 1609, is Available for $1,220,000.

381 days

8

0

Facts & features

Interior

Features

Has basement: No

Property

Lot

Size: 12.87 Acres
Dimensions: 1000 x 721 x 387 x 174 x 254 x 724
Features: Corner Lot
Topography: Level

Details

Additional structures: Other
Parcel number: 800697500
Zoning description: Business/Commercial

Utilities & green energy

Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Private Septic Available, Private Septic Connected, Private Well Available, Private Well Connected

Community & HOA

Community

Features: No

HOA

Has HOA: No

Location

Region: Bemidji

Financial & listing details

Tax assessed value: $237,500
Annual tax amount: $3,036
Date on market: 6/10/2025
Inclusions: Other
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/10/2025	Listed for sale	$1,122,000+623.9%
Source: NorthstarMLS as distributed by MLS GRID #6736395 Report a problem
2/22/2016	Sold	$155,000-42.6%
Source: Agent Provided Report a problem
8/30/2014	Listing removed	$270,000
Source: RE/MAX of Bemidji #14-492 Report a problem
3/30/2014	Listed for sale	$270,000+116%
Source: RE/MAX of Bemidji #14-492 Report a problem
12/18/2013	Sold	$125,000+3025%
Source: Public Record Report a problem
7/7/2009	Sold	$4,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,846 +12.8%	$237,500 -0.6%
2024	$2,523 +8.1%	$238,900 +7.9%
2023	$2,335 +31.9%	$221,500
2022	$1,770 +8.6%	--
2021	$1,630 +6.7%	--
2020	$1,528 -7.2%	--
2018	$1,646 +9.6%	--
2016	$1,502 +4.6%	$115,600 +2.4%
2015	$1,436 +28.7%	$112,900 +1.8%
2014	$1,116 +758.5%	$110,900 -12.7%
2011	$130	$127,000

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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