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    4th 27Th St Minot, ND 58703

    Sponsored
    For Sale
    $242,500

    1.44-acre C1 zoned lot, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 1.44-acre commercial lot, located at the northwest corner of 4th Avenue NW and 27th Street in Minot, North Dakota (zip code 58703), presents a unique development opportunity. Zoned C1, this property offers a wide range of permitted uses, including retail businesses (general merchandise, groceries, liquor stores, etc.), eating and drinking establishments (up to 50 persons), business services (banks, offices), personal services (barber shops, laundromats), repair services, and certain public/semi-public facilities. The site boasts significant infrastructure improvements already in place, with over $220,000 invested in sewer, water, and grading work. This significantly reduces development costs and accelerates the timeline for construction. The convenient location just off the US 83 west bypass at the 4th Avenue NW exit ensures high visibility and accessibility. Permitted uses also include professional offices, pet shops (with restrictions), and day care centers (subject to obtaining necessary permits and licenses). The property is ideally situated across from the proposed new City Fire Station, further enhancing its desirability. Detailed C1 zoning information is available in the associated documents. This prime location and substantial pre-development work make this a truly exceptional investment opportunity, priced to sell at $242,500.

    Property Features for 4th 27Th St

    General Information

    Property type
    Land
    Lot Size
    62,726 SF

    HighLights

    • 1.44‑acre commercial lot in Minot, ND (58703), located at the NW corner of 4th Ave NW & 27th St.
    • C1 zoning allows for diverse uses including retail, restaurants (up to 50 persons), offices, and personal services.
    • Over $220,000 in infrastructure improvements (sewer, water, grading) already completed.
    • High visibility location off US 83 west bypass at 4th Ave NW exit.
    • Priced at $242,500.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minot
    County
    Ward
    State
    North Dakota
    Longitude
    -101.3339535
    Latitude
    48.2400815

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    FAQs

    What type of property is this?
    Land - 1.44-acre C1 zoned lot, ready to build.
    Where is this land located?
    The property is located at 4th 27Th St Minot, ND.
    What is the asking price?
    The asking price for this property is $242,500.
    What are key features of this property?
    This property features: 1.44-acre commercial lot in Minot, ND (58703), located at the NW corner of 4th Ave NW & 27th St.; C1 zoning allows for diverse uses including retail, restaurants (up to 50 persons), offices, and personal services.; Over $220,000 in infrastructure improvements (sewer, water, grading) already completed.
    (701) 720-1786
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    4th 27Th St Minot, ND 58703
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    Minot, ND 58703
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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
    4th 27Th St Minot, ND 58703
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