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    21St Ave Minot, ND 58701

    For Sale
    $1,795,000

    Prime Commercial Lot, Minot, ND

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 11.93-acre (519,457 square foot) commercial lot presents a significant investment opportunity in Minot, North Dakota. Located in Ward County, at 21st Avenue SE, zip code 58701, this property (APN MI36.F61.000.0010) is zoned C2 - General Commercial, offering considerable flexibility for development. Its strategic location provides excellent accessibility to major transportation arteries, including US Highway 2, South Broadway, and 13th Street SE, ensuring high visibility and convenient access for businesses and customers. The property's proximity to Menards further enhances its appeal and potential for attracting a wide range of commercial enterprises. Priced at $1,795,000, this translates to an attractive price point of $3.46 per square foot. This expansive lot offers significant potential for a variety of commercial uses, making it an ideal investment for developers and businesses seeking a prominent location in a thriving North Dakota market. The property's size and location make it a rare find in the Minot commercial real estate market. Don't miss this chance to acquire a substantial piece of land with exceptional potential for growth and return on investment.

    Property Features for 0 21St Ave

    General Information

    Property type
    Land
    Lot Size
    519,671 SF

    HighLights

    • 11.93‑acre commercial lot (519,457 square feet) in Minot, ND.
    • Excellent access to US Highway 2, S Broadway, and 13th Street SE.
    • Proximity to Menards.
    • $3.46 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Minot
    County
    Ward
    State
    North Dakota
    Longitude
    -101.282001
    Latitude
    48.208427

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, Minot, ND
    Where is this land located?
    The property is located at 21St Ave Minot, ND.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: 11.93-acre commercial lot (519,457 square feet) in Minot, ND.; Excellent access to US Highway 2, S Broadway, and 13th Street SE.; Proximity to Menards.
    Request Owner's contact information
    21St Ave 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
    21St Ave Minot, ND 58701
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