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    OFF-MARKET
    Land

    7 Lakeview Addition, Hickson, ND 58047

    16.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 16.38-acre parcel presents a remarkable investment opportunity in the thriving city of Horace, North Dakota. Located in the Lakeview Addition (Lot 3, Block 7), this property is ideally situated for residential development, offering significant potential for growth and return. Currently zoned agricultural, the land is ready for development, with infrastructure conveniently located within the boulevard. A conceptual layout envisions single-family homes, capitalizing on Horace's burgeoning population, currently estimated at approximately 5,000 residents. The property's strategic location places it south of key community landmarks, including the new Saint Benedict Church, Horace Middle School, and Horace High School, ensuring convenient access to essential services and amenities. The asking price is $2,318,916, translating to a land value of $3.25 per square foot. This presents a compelling opportunity to build a thriving residential community in a rapidly expanding area of North Dakota. The property's address is Lot 3, Block 7, Lakeview Addition, Horace, ND 58047. This is a rare chance to acquire a significant land holding in a desirable location with excellent potential for future appreciation. Don't miss this chance to secure a piece of Horace's promising future.

    Property profile
    Verified
    Property type Land
    Lot 16.38 ac (713,513 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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