3221 41St St Moorhead, MN 56560
High-yield truck parking, 8.04% cap rate.
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 393
Property Features for 3221 41St St
General Information
- Property type
- Land
- Square Feet
- 92,443 SF
Building Details
- Year Renovated
- 2023
- Units
- 1
HighLights
- $1,100,000 asking price for a value‑add investment opportunity.
- 92,443 SF truck parking lot in Moorhead, MN, with 8.04% cap rate and $88,445 NOI.
- 50 parking spaces, currently 72% occupied (36 leased), with a 1‑year lease term.
- Gross lease type, multi‑tenant property with potential for increased income via daily parking.
- Property features security cameras and recently installed drainage; located near I‑94.
- Land value: $12.44/SF; APN: 58.417.0021; Renovated in 2023.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Moorhead
- County
- Clay
- State
- Minnesota
- Longitude
- -96.713380099068
- Latitude
- 46.841509000903