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    123 1St St SW Minot, ND 58701

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    For Sale
    Contact for pricing

    Commercial land available for redevelopment in downtown Minot.

    Property size:
    86,064 SF
    Lot size:
    0.44 Acres

    Property Features for 123 1St St SW

    General Information

    Size
    86,064 SF
    Lot size
    0.44 Acres

    Source: CBRE | Fargo Agent Chance Lindsey

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

    Overview

    Redevelopment Ready Land in Minot

    This commercial land, totaling 86064 square feet, is available for redevelopment. The property is demolished to shell condition and features an unfinished ceiling height of 10 feet. It includes a covered drive-in basement. Public parking structures are located to the north and south of the property. The property falls under the Downtown Facade Improvement Plan, suggesting potential for enhancements and upgrades.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Central Campus East ... School lm armstrong bridgeford ... Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Minot
    County
    Ward
    State
    North Dakota
    Longitude
    -101.2941568
    Latitude
    48.2346166

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    FAQs

    What type of property is this?
    Commercial land - Commercial land available for redevelopment in downtown Minot.
    Where is this commercial land located?
    The property is located at 123 1St St SW Minot, ND.
    What are key features of this property?
    This property features: - Redevelopment Ready for your vision.; - Demolished to Shell Condition, offering a blank canvas.; - Public Parking Structures conveniently located to the North & South.
    (701) 660-3500
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    123 1St St SW Minot, ND 58701
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    Minot, ND 58701
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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
    123 1St St SW Minot, ND 58701
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