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    1300 24Th Ave Minot, ND 58703

    Sponsored
    For Sale
    $700,000

    20.4 Acres, 60 Lots, R1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 20.4-acre parcel in Minot, North Dakota, presents a remarkable opportunity for residential developers. Located at 1300 24th Ave NW, Ward County, zip code 58703 (48.262391, -101.314668), this property is zoned R1, allowing for residential development. The land is already pre-platted into 60 individual lots, significantly streamlining the development process. Utilities are available, and estimated development costs are readily accessible, providing a clear financial picture for potential investors. The strategic location offers significant advantages, being situated just one mile from Minot North High School, ensuring high demand and convenient access to local amenities. The asking price for this prime development land is $700,000. This represents a unique chance to acquire a fully prepared residential development site in a thriving North Dakota community. Detailed lot plans and utility information are available upon request. Don't miss this chance to capitalize on the growing Minot real estate market.

    Property Features for 1300 24Th Ave

    General Information

    Property type
    Land

    HighLights

    • 60 buildable lots.
    • Utilities on‑site.
    • Detailed development cost estimates available upon request.
    • Lots are pre‑platted and ready for development.
    • 20.4‑acre undeveloped land parcel.
    • One mile from Minot North High School.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Minot
    County
    Ward
    State
    North Dakota
    Longitude
    -101.314668
    Latitude
    48.262391

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    FAQs

    What type of property is this?
    Land - 20.4 Acres, 60 Lots, R1 Zoning
    Where is this land located?
    The property is located at 1300 24Th Ave Minot, ND.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: 60 buildable lots.; Utilities on-site.; Detailed development cost estimates available upon request.
    (701) 222-0232
    Request Owner's contact information
    1300 24Th 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
    1300 24Th Ave Minot, ND 58703
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