Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3505 8Th St Moorhead, MN 56560

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,260,000

    High-cash-flow, diverse property, nearly fully occupied.

    Property size:
    15,360 SF

    Property Features for 3505 8Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    15,360 SF
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1965

    We can help!

    Listing Contact
    Jeremy Horst

    Listing Agency: DR - CORE Property Group Listing Agent: Jeremy Horst

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property located at 3505 8th Street South in Moorhead, Minnesota presents a compelling investment opportunity. The property encompasses a substantial 15,360 square feet of space, strategically situated on a generous 2-acre lot along a high-traffic thoroughfare. The building's diverse layout caters to both office and retail tenants, creating a robust and resilient income stream. Currently, the property enjoys a high occupancy rate, with only one small office suite remaining available for lease, ensuring a strong and consistent cash flow for the new owner. This makes it an ideal investment for those seeking a stable and profitable addition to their portfolio. The property's prime location and substantial size offer significant potential for future growth and development. The existing tenant mix provides a diversified revenue base, mitigating risk and maximizing return on investment. This is a rare opportunity to acquire a nearly fully occupied, high-performing commercial property in a thriving market. The property's size and location offer significant upside potential for future expansion or redevelopment. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The asking price is $1,260,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Toutges Dental Clinic Dental Office Dr Toutges Dental ... Dental Office Banker's Equipment Services ... Bank Halal Global Market Food Market Baraza La Afrika Charitable Organization

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Moorhead
    County
    Clay
    State
    Minnesota
    Longitude
    -96.7692
    Latitude
    46.83892

    Nearby Similar for Sale

    • $2,850,000
      8,803 SF

      Turn-Key Restaurant Buildout For Sale

      Restaurant property with full buildout, anchored by Target.
      3333 Highway 10 E, Moorhead, MN 56560
      View Details
    • Contact for pricing
      12,700 SF

      Moorhead Freestanding Building on 0.84-Acre

      12,700 SF building on 0.84-acre lot in Moorhead, MN.
      3100 8Th St S, Moorhead, MN 56560
      View Details
    • Contact for pricing
      8,330 SF

      Moorhead Warehouse with Shop, Office

      8,330 SF commercial building with shop and office components.
      4101 32Nd Ave S, Moorhead, MN 56560
      View Details
    • $799,000
      10,520 SF

      Moorhead Self Storage Investment

      Prime MN Self Storage Facility - $799,000
      1012 18Th Ave, Moorhead, MN 56560
      View Details
    • $7,975,000
      79,632 SF

      Moorhead Mixed-Use Investment Opportunity

      High-yield multi-family & commercial building.
      810 4Th Ave, Moorhead, MN 56560
      View Details
    • $2,950,000
      2.38 Acres

      Moorhead Industrial Investment Opportunity

      Two Shop Condos, Land, NNN Leases
      2721 20Th Ave, Moorhead, MN 56560
      View Details
    • $4,575,000
      42,226 SF

      Moorhead Industrial Portfolio

      MN Industrial Complex: 42,226 SF, 90% Leased
      3030 24Th Ave, Moorhead, MN 56560
      View Details
    • $235,000
      3,970 SF

      Moorhead 6-Plex Investment Opportunity

      High-Yield Apartment Building, Prime Location
      630 10Th St, Moorhead, MN 56560
      View Details
    • $235,000

      Moorhead 6-Plex Value-Add Opportunity

      Six-unit apartment building, high ROI.
      630 10Th St, Moorhead, MN 56560
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-cash-flow, diverse property, nearly fully occupied.
    Where is this commercial real estate located?
    The property is located at 3505 8Th St Moorhead, MN.
    What is the asking price?
    The asking price for this property is $1,260,000.
    (701) 212-4107
    Request Owner's contact information
    3505 8Th St Moorhead, MN 56560
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3505 8Th St
    Moorhead, MN 56560
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3505 8Th St Moorhead, MN 56560
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jeremy Horst
    (701) 212-4107
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!