Property summary
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
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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