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    4540 Broadway Minot, ND 58703

    Sponsored
    For Sale
    $134,000

    .88-acre lot, prime Minot location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional .88-acre (38,392 sq ft) light industrial lot in Minot, North Dakota, presents a compelling investment opportunity. Zoned MI-Light Industrial, this property boasts excellent highway visibility, strategically located near the intersection of Highway 83 and the Highway 83 Bypass, ensuring easy access and high traffic exposure. The lot is serviced by city water, sewer, and MDU gas, providing essential utilities for immediate development. Its prime location offers proximity to Minot International Airport, enhancing logistical advantages. Furthermore, the property benefits from its close proximity to established businesses, including Border States Electric, Braun Intertec, Bourgault Industries, and Enerbase Travel Plaza, creating a synergistic environment for industrial operations. The surrounding area also features numerous self-storage facilities and apartments, indicating a thriving and growing community. Priced competitively at $134,000, this property is ideal for various light industrial uses and represents a significant value in a rapidly developing industrial hub. The property's address is 4540 N Broadway, Minot, ND 58703, in Ward County.

    Property Features for 4540 Broadway

    General Information

    Property type
    Land

    HighLights

    • 0.88‑acre lot (38,392 SF).
    • $134,000 asking price.
    • Light Industrial (MI) zoning.
    • City water, sewer, and MDU gas available.
    • Excellent visibility and access to Minot International Airport, Hwy 83, and the Hwy 83 Bypass.
    • Near Border States Electric, Braun Intertec, Bourgault Industries, and Enerbase Travel Plaza.
    Property Profile Location Intelligence

    Current Use by Public Records

    Global Oilfield Services Oilfield

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Skin Care Clinic Department 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
    -101.29269569831
    Latitude
    48.283151502982

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    FAQs

    What type of property is this?
    Land - .88-acre lot, prime Minot location.
    Where is this land located?
    The property is located at 4540 Broadway Minot, ND.
    What is the asking price?
    The asking price for this property is $134,000.
    What are key features of this property?
    This property features: 0.88-acre lot (38,392 SF).; $134,000 asking price.; Light Industrial (MI) zoning.
    Request Owner's contact information
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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
    4540 Broadway Minot, ND 58703
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