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    338th Sw & Hwy Makoti, ND 58756

    For Sale
    $700,000

    18 Acres, Hwy 23 Frontage, $700,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 18-acre property presents a unique investment opportunity in Ward County, North Dakota. Strategically located approximately one mile north of Makoti along Highway 23, this land boasts high visibility due to its position directly across from the Plaza-Makoti Cenex C-Store. The property's address is 338th St SW & Hwy 23, in Rural Makoti, zip code 58756, with coordinates 47.963428 latitude and -101.8715501 longitude. The asking price is $700,000. This versatile land is zoned Rural (Residential or Ag), offering flexibility for a variety of development projects. Its proximity to Makoti (approximately 22 minutes west of Highway 83 and 40 minutes southwest of Minot) provides convenient access to essential amenities and transportation routes. The property's Assessed Parcel Number (APN) is OR150990000020. This significant acreage presents a compelling opportunity for investors seeking land with commercial and agricultural potential in a rapidly growing area. The combination of highway frontage, convenient location, and flexible zoning makes this property ideal for various development scenarios. Serious inquiries are encouraged.

    Property Features for 338th Sw & Hwy

    General Information

    Property type
    Farms
    Lot Size
    784,080 SF

    HighLights

    • One mile north of Makoti, ND on Highway 23, across from Cenex.
    • 22 minutes west of Highway 83 and 40 minutes southwest of Minot.
    • Currently zoned Rural (Residential or Agricultural).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Makoti
    County
    Ward
    State
    North Dakota
    Longitude
    -101.8715501
    Latitude
    47.963428

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    FAQs

    What type of property is this?
    Farm - 18 Acres, Hwy 23 Frontage, $700,000
    Where is this farm located?
    The property is located at 338th Sw & Hwy Makoti, 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: One mile north of Makoti, ND on Highway 23, across from Cenex.; 22 minutes west of Highway 83 and 40 minutes southwest of Minot.; Currently zoned Rural (Residential or Agricultural).
    Request Owner's contact information
    338th Sw & Hwy Makoti, ND 58756
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    Makoti, ND 58756
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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
    338th Sw & Hwy Makoti, ND 58756
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