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    2721 20Th Ave Moorhead, MN 56560

    For Lease
    $9 SF/Yr ($7,718 /Mo)

    Modern Office Condo, 1,950 SF Available

    Lot size:
    9,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,950 square foot shop condo, Unit F, located in Clay County, is ready for immediate occupancy. Built in 2019, this unit is part of a larger multi-tenant building totaling 9,750 square feet. The space features a well-appointed office area, a restroom, a convenient utility sink, and a floor drain for easy cleanup. Energy-efficient LED lighting is installed throughout. The unit also boasts a substantial 14-foot garage door and 16-foot sidewalls, providing excellent access and flexibility for various business needs. While the unit itself is well-equipped, please note that no additional parking is available beyond what is included with the condo. This prime commercial space is ideal for a variety of businesses seeking a modern, functional, and conveniently located office space. The property's 2019 construction ensures modern amenities and efficient design. The available space represents a significant portion of the building's total square footage, offering ample room for growth and expansion. Serious inquiries are encouraged to explore this unique opportunity. This is a shop condo, offering the benefits of ownership within a multi-tenant building.

    Property Features for 2721 20Th Ave

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,750 SF
    Total Rate
    7718.75

    Building Details

    Year Built
    2019

    Unit(s) available at that property

    Space
    Unit F
    Size
    1,950 SF
    Rate per SF
    $9

    HighLights

    • 9,750 total square foot multi‑tenant shop condo building in Clay County.
    • 1,950 square feet of vacant office space available for lease.
    • Shop condo unit features an office, restroom, utility sink, floor drain, LED lighting, 14' garage door, and 16' sidewalls.
    • Built in 2019.
    • No additional parking is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouse Unit J Warehouse

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Moorhead
    County
    Clay
    State
    Minnesota
    Longitude
    -96.7335834
    Latitude
    46.8557995

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    FAQs

    What type of property is this?
    Specialty property - Modern Office Condo, 1,950 SF Available
    Where is this specialty property located?
    The property is located at 2721 20Th Ave Moorhead, MN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 9,750 total square foot multi-tenant shop condo building in Clay County.; 1,950 square feet of vacant office space available for lease.; Shop condo unit features an office, restroom, utility sink, floor drain, LED lighting, 14' garage door, and 16' sidewalls.
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    Moorhead, MN 56560
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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
    2721 20Th Ave Moorhead, MN 56560
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