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Zoned Residential Development Lot
For Sale
$695,000

1001 2nd St, Minot, ND 58701

Residentially zoned lot planned for 32 town homes in five buildings, with utilities stubbed to each building.

Property SizeContact for details
Days on Market58

Property Features for 1001 2nd St

General Information

Standard status Active
Property subtype Lots and Land
Zoning R3

Additional Details

Utilities to Site Yes
Listed By: Mike Matteson
Source: Westinkster.idxbroker
Added: Jul 21 Changed: Sep 9 Last Checked: Sep 15 at 4:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mike Matteson

Investment Insights

Based on property information with market context.

This residential development lot is zoned R3 and has approved plans for a town-home project consisting of 32 units across five buildings. Utilities are stubbed to each of the five buildings, and the property has had significant investment supporting the approved development concept.

The site is known as the former Washington School property and is being offered with development participation from the owner. Detailed plans of the potential town-home development are available upon request, and the owner is open to discussing an approach with a developer to align the plan with all parties.

The lot is positioned for vertical development under the existing approved framework, with the option to review the town-home layout described in the available plans.

Key Highlights

  • Zoned R3 and planned for residential development with 32 town homes across 5 buildings
  • All utilities are stubbed to each of the five buildings planned on the lot
  • Former Washington School property site with approved plans available for the proposed town‑home development

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Accounting Firm (Bike/Boat/Book/etc) Store HVAC Service Computer & Electronic Repair Parking Lot & Garage Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,465
Businesses Nearby

Demographics for 58701, ND

32,517
Population
16,267
Households
2
Avg Household Size
37
Median Age
28%
College-Educated
95%
High-School Grad
235.6 sq mi
ZIP Area
138
Density / Sq Mi
$75,329
Median Household Income
$46,695
Median Earnings
$875
Median Rent
$270,200
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residentially zoned lot planned for 32 town homes in five buildings, with utilities stubbed to each building.
Where is this residential land & home lot located?
The property is located at 1001 2nd St Minot, ND.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Zoned R3 and planned for residential development with 32 town homes across 5 buildings; All utilities are stubbed to each of the five buildings planned on the lot; Former Washington School property site with approved plans available for the proposed town‑home development
More about this property
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