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    1213 Center Ave Dilworth, MN 56529

    Sponsored
    For Sale
    $734,977

    Prime 3-acre lot, multifamily potential.

    Property size:
    131,246 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.013-acre commercial parcel, located at 1213 Center Avenue West in Dilworth, Minnesota (APN 52.110.0090), presents a unique investment opportunity. Zoned C3, this property offers significant potential for various commercial developments, particularly given its strategic location just off Highway 10 in a rapidly growing area of Moorhead/Dilworth. The 131,246 square foot lot is priced at $734,977, or $5.60 per square foot. Its proximity to established businesses, including a new Tractor Supply Store and a new U-Haul development, ensures high visibility and accessibility. The property is conveniently situated within easy reach of numerous amenities. Importantly, this site is outside the floodplain and has nearly paid-off special assessments, making it ready for immediate development. The property is classified as both residential and commercial, offering flexibility for a range of uses. This is a rare opportunity to acquire a substantial parcel in a thriving area with excellent development prospects. The property's size and zoning make it ideal for a variety of commercial ventures, capitalizing on the area's growth and strong market demand.

    Property Features for 1213 Center Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    131,246 SF
    Lot Size
    131,246 SF

    HighLights

    • 3.013‑acre commercial parcel in Dilworth, MN (APN 52.110.0090).
    • C3 zoning allows for diverse commercial development.
    • 131,246 square foot lot priced at $734,977 ($5.60/SF).
    • High visibility location off Highway 10 near new Tractor Supply and U‑Haul.
    • Floodplain‑free and nearly paid‑off special assessments.
    • Mixed residential/commercial zoning for flexible use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dilworth
    County
    Clay
    State
    Minnesota
    Longitude
    -96.7194762
    Latitude
    46.8779972

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    FAQs

    What type of property is this?
    Multifamily property - Prime 3-acre lot, multifamily potential.
    Where is this multifamily property located?
    The property is located at 1213 Center Ave Dilworth, MN.
    What is the asking price?
    The asking price for this property is $734,977.
    What are key features of this property?
    This property features: 3.013-acre commercial parcel in Dilworth, MN (APN 52.110.0090).; C3 zoning allows for diverse commercial development.; 131,246 square foot lot priced at $734,977 ($5.60/SF).
    Request Owner's contact information
    1213 Center Ave Dilworth, MN 56529
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    Dilworth, MN 56529
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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
    1213 Center Ave Dilworth, MN 56529
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