0 31St Ave Minot, ND 58701
This exceptional 3.89-acre commercial lot, located at 31st Ave. SW in Minot, North Dakota, presents a unique investment opportunity. Situated within the desirable Highlander Estates Subdivision, this unimproved land boasts a prime location directly across from the recently constructed Trinity Hospital and adjacent to the burgeoning Tracks of Minot development. The property is zoned R4, offering considerable flexibility for a variety of commercial uses. Its strategic position within a rapidly expanding area ensures high visibility and accessibility, making it ideal for businesses seeking a prominent presence in Minot. The lot's size provides ample space for substantial development, catering to a wide range of commercial projects. With its proximity to a major hospital and a thriving development project, this property offers significant potential for long-term growth and return on investment. The address is 31st Ave. SW, Minot, Ward County, North Dakota, 58701. The asking price for this exceptional commercial land is $678,388. This is a rare opportunity to acquire a substantial commercial parcel in a high-growth area of Minot. The property is located within city limits.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.