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    1515 NE Railway Ave Minot, ND 58703

    For Sale
    $820,000

    Commercial - Minot, ND

    Property size:
    7,200 SF
    Lot size:
    4.79 Acres
    Days on Market:
    148
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 1515 NE Railway Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    M1
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    7,200 SF
    Lot size
    4.79 Acres

    Utilities

    Heating system
    Hot Water (Heating)

    Building Details

    Year built
    2006
    Architectural style
    Other

    Alliance Real Estate - Minot, LLC (701) 852-1156 [email protected]

    Listing agent Trude Skalicky (701) 852-1156

    Listing date Jul 11, 2025

    MLS# 251118 Listing URL

    Copyright © 2025 Minot Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Commercial Property Near Minot

    This commercial property, located just outside city limits, encompasses 4.79 acres. The property includes a 7,200 square foot steel building (60 x 120 FT) with a steel roof. The building is insulated with 6-inch batting and features a hot water boiler heat system, which is inspected every five years. The concrete floors are poured 8 inches deep. A 12x12 brick addition houses the furnace room, separating it from the shop and business area. The building includes two 16' doors, a 12' door, and a Gantry Crane. Inside, there are two bathrooms, one of which is ADA accessible, office space, a breakroom, and an emergency shower and eye wash station. The Gantry Crane, a 30 HP 3 Phase Compressor, and the on-site security system will convey with the purchase of the property. The property has a private well and septic system, as well as all utilities in place. The property is suitable for equipment, vehicles, and container storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Eagle Vault & Concrete Concrete Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minot
    County
    Ward
    State
    North Dakota
    Longitude
    -101.2698119
    Latitude
    48.2408043

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    FAQs

    What type of property is this?
    Warehouse - 4.79 acre commercial property with 7,200 sqft steel building.
    Where is this warehouse located?
    The property is located at 1515 NE Railway Ave Minot, ND.
    What is the asking price?
    The asking price for this property is $820,000.
    What are key features of this property?
    This property features: - Large 7200 sq ft steel building on 4.79 acres OUT OF CITY LIMITS; - Includes valuable equipment: **Gantry Crane and 30 HP 3 Phase Compressor**; - Building features **heavy-duty construction**: 8-inch concrete floors, steel roof, and 6-inch insulated walls
    (701) 852-1156
    Request Owner's contact information
    1515 NE Railway Ave Minot, ND 58703
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    Minot, ND 58703
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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
    1515 NE Railway Ave Minot, ND 58703
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