0 31St Ave Minot, ND 58701
This exceptional 2.9-acre commercial lot is situated in the desirable Highlander Estates Subdivision in southwest Minot, North Dakota. The property boasts a prime location directly across the street from the recently constructed Trinity Hospital, offering unparalleled visibility and accessibility. Its adjacency to the Tracks of Minot development project further enhances its potential for significant future appreciation. The lot is zoned R2, providing flexibility for a variety of commercial uses. With its strategic location and promising surroundings, this unimproved commercial land presents a compelling investment opportunity in a rapidly growing area of Minot. The property is within city limits and offers significant potential for developers and investors seeking a foothold in a thriving market. The asking price is $504,484. The address is 31st Ave. SW, Minot, ND 58701, and the lot is identified as Lot 14. This is a rare opportunity to acquire a substantial commercial parcel in a high-demand location.
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.