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    40Th St Moorhead, MN 56560

    Sponsored
    For Sale
    $9,563,400

    455.4 acres, $21,000/acre, excellent investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 455.4-acre property presents a unique investment opportunity in Moorhead, Minnesota. Strategically located near the intersection of 40th Street North and 28th Avenue North, west of Highway 75, this expansive land parcel offers significant potential for diverse commercial and agricultural uses. The asking price is $9,563,400, translating to a competitive price per acre of $21,000. Zoned for both agricultural and commercial development, this versatile land allows for a wide range of possibilities, from large-scale farming operations to industrial or commercial projects. The property's size and location provide ample space for expansion and development, catering to a variety of business needs. Its proximity to Highway 75 ensures convenient access to major transportation routes, enhancing its logistical appeal. Detailed surveys and zoning information are readily available upon request. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area of Clay County, Minnesota, with a 56560 zip code. The property's latitude and longitude coordinates are 46.9488501 and -96.7152372 respectively. Serious inquiries only.

    Property Features for 0 40Th St

    General Information

    Property type
    Farms
    Lot Size
    19,837,224 SF

    HighLights

    • 455.4‑acre commercial and agricultural land in Moorhead, MN.
    • $9,563,400 asking price ($21,000/acre).
    • Located near the intersection of 40th Street North and 28th Avenue North, west of Highway 75.
    • Zoned for both agricultural and commercial development.
    • Excellent highway access via Highway 75.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Moorhead
    County
    Clay
    State
    Minnesota
    Longitude
    -96.7152372
    Latitude
    46.9488501

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    FAQs

    What type of property is this?
    Farm - 455.4 acres, $21,000/acre, excellent investment.
    Where is this farm located?
    The property is located at 40Th St Moorhead, MN.
    What is the asking price?
    The asking price for this property is $9,563,400.
    What are key features of this property?
    This property features: 455.4-acre commercial and agricultural land in Moorhead, MN.; $9,563,400 asking price ($21,000/acre).; Located near the intersection of 40th Street North and 28th Avenue North, west of Highway 75.
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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
    40Th St Moorhead, MN 56560
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