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    25 54Th Ave Minot, ND 58701

    Sponsored
    For Sale
    $581,000

    7.33-Acre Commercial Lot, Ideal Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 7.33-acre (319,281 square feet) commercial lot presents a unique investment opportunity in Minot, North Dakota. Located at 25 54th Avenue SE, this rectangular parcel measures approximately 389 feet by 826 feet, offering ample space for a variety of commercial developments. The property is zoned C2 - General Commercial, providing flexibility for diverse business ventures. Its convenient location offers easy access to US Highway 83, ensuring excellent visibility and accessibility for customers and employees. Situated just outside Minot city limits, this property may offer certain advantages related to taxes and regulations compared to properties within the city. The APN is AF01.032.000.0020. This expansive lot is priced at $581,000 and represents a significant opportunity for developers and investors seeking a strategic location in a growing market. The property's size and zoning make it suitable for a wide range of commercial uses, from retail and office spaces to light industrial facilities. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving North Dakota community.

    Property Features for 25 54Th Ave

    General Information

    Property type
    Land
    Lot Size
    319,295 SF

    HighLights

    • Convenient access to US Highway 83.
    • Located outside Minot city limits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Department Store Food Market Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Minot
    County
    Ward
    State
    North Dakota
    Longitude
    -101.291735
    Latitude
    48.18351

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    FAQs

    What type of property is this?
    Land - 7.33-Acre Commercial Lot, Ideal Location
    Where is this land located?
    The property is located at 25 54Th Ave Minot, ND.
    What is the asking price?
    The asking price for this property is $581,000.
    What are key features of this property?
    This property features: Convenient access to US Highway 83.; Located outside Minot city limits.;
    Request Owner's contact information
    25 54Th 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
    25 54Th Ave Minot, ND 58701
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