21998 Lasalle Ave

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

21998 Lasalle Ave

Puposky, MN 56667
Asking Price
$3.50M
Asset Type
Land
Class
Class B

What's Special

21998 Lasalle Ave is situated in Puposky, Minnesota, a rural area in Beltrami County north of Bemidji. The neighborhood is characterized by open acreage, dense woodlands, and proximity to regional lakes, including Puposky Lake. Local access is primarily provided via Lasalle Avenue and nearby State Highway 89, which serves as the main north-south arterial connecting the community to the more densely developed amenities and services in Bemidji. The surrounding environment is predominantly agricultural and residential, offering a secluded setting with minimal commercial congestion. The property is suited for use cases consistent with rural land development, such as private recreational use, light agricultural production, or residential homesteading. Given the natural surroundings, typical users include individual investors seeking seasonal retreats or small-scale developers focused on custom rural housing. The asset profile appeals to tenants or owners prioritized by privacy and outdoor utility rather than high-traffic retail or industrial logistical needs. Accessibility and the expansive landscape support low-intensity operations that align with the regional character.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

Location & Travel Times