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    7002 112Th Ave Horace, ND 58047

    Sponsored
    For Sale
    $3,150,000

    Prime development land, Horace, ND. Agricultural zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 93.73-acre parcel presents a unique investment opportunity in Horace, North Dakota. Situated within the FM Diversion protection area and conveniently located within city limits, this property offers significant development potential. The land is strategically positioned at the intersection of 112th Avenue South and County Road 17, providing excellent visibility and accessibility. Its advantageous location is further enhanced by its proximity to existing residential developments to the north, suggesting a strong potential for residential, commercial, or industrial projects. The property is zoned for agricultural use, offering flexibility for future development plans subject to necessary approvals and permits. With its substantial size and prime location, this land presents a compelling opportunity for developers seeking a large-scale project in a rapidly growing area. The asking price for this expansive tract is $3,150,000. The address is 7002 112th Ave S, Horace, ND 58047, in Cass County.

    Property Features for 7002 112Th Ave

    General Information

    Property type
    Land
    Lot Size
    4,082,879 SF

    HighLights

    • 93.73‑acre parcel in Horace, ND, within city limits and FM Diversion protection area.
    • Excellent visibility and accessibility at the intersection of 112th Ave S and County Road 17.
    • Zoned agricultural, offering flexibility for residential, commercial, or industrial development (subject to approvals).
    • Prime location near existing residential developments, ideal for large‑scale projects.
    • Asking price: $3,150,000; Address: 7002 112th Ave S, Horace, ND 58047 (Cass County).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Horace
    County
    Cass
    State
    North Dakota
    Longitude
    -96.904335854088
    Latitude
    46.731511438357

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    FAQs

    What type of property is this?
    Land - Prime development land, Horace, ND. Agricultural zoning.
    Where is this land located?
    The property is located at 7002 112Th Ave Horace, ND.
    What is the asking price?
    The asking price for this property is $3,150,000.
    What are key features of this property?
    This property features: 93.73-acre parcel in Horace, ND, within city limits and FM Diversion protection area.; Excellent visibility and accessibility at the intersection of 112th Ave S and County Road 17.; Zoned agricultural, offering flexibility for residential, commercial, or industrial development (subject to approvals).
    Request Owner's contact information
    7002 112Th Ave Horace, ND 58047
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    Horace, ND 58047
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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
    7002 112Th Ave Horace, ND 58047
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