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    40Th St Moorhead, MN 56560

    For Sale
    $4,557,300

    151 Acres, $30k/Acre, Excellent Investment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 151.91-acre property presents a unique investment opportunity in Moorhead, Minnesota. Located near the intersection of 40th Street North and 15th Avenue North, in Clay County, this expansive land parcel offers a blend of agricultural and commercial potential. The asking price is $4,557,300, translating to a competitive $30,000 per acre. The property's zoning allows for diverse uses, catering to both agricultural endeavors and commercial development. Its strategic location provides convenient access to key transportation routes and urban amenities. Detailed surveys and soil reports are available upon request, providing comprehensive information for potential buyers to assess the land's suitability for their specific plans. This substantial acreage offers significant upside for long-term growth and return on investment. The property's size and versatility make it an ideal acquisition for investors seeking a substantial land holding with diverse development possibilities in a thriving Minnesota community. The zip code is 56560. This offering includes two parcels totaling 151.91 acres. Further details regarding the individual parcel sizes (80 acres and 71.91 acres) and their respective values are available.

    Property Features for 0 40Th St

    General Information

    Property type
    Farms
    Lot Size
    6,617,200 SF

    HighLights

    • 151.91‑acre property in Moorhead, MN (zip code 56560), near the intersection of 40th Street North and 15th Avenue North.
    • Asking price: $4,557,300 ($30,000/acre).
    • Zoned for agricultural and commercial uses.
    • Two parcels (80 acres and 71.91 acres).
    • Detailed surveys and soil reports available.
    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 - 151 Acres, $30k/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 $4,557,300.
    What are key features of this property?
    This property features: 151.91-acre property in Moorhead, MN (zip code 56560), near the intersection of 40th Street North and 15th Avenue North.; Asking price: $4,557,300 ($30,000/acre).; Zoned for agricultural and commercial uses.
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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
    40Th St Moorhead, MN 56560
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