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Property profile & analytics
OFF-MARKET
Land

2800 Us-10 Moorhead, MN 56560

Property ID
Property summary
AI-generated overview

This exceptional 3.39-acre residential development land parcel, located at 2800 US-10 in Moorhead, Minnesota, presents a unique investment opportunity. Comprising approximately 147,831 square feet, this lot is ideally suited for multifamily or townhome development projects. The land is to be subdivided from an existing larger parcel (58.206.0010), offering a clean slate for new construction. Priced at $443,000, or $3 per square foot, this property offers significant potential for substantial returns. The seller is offering attractive financing options to qualified buyers, including a second mortgage of $85,000 with 5.00% interest-only payments and a 60-month balloon payment. This flexible financing structure makes this property accessible to a wider range of developers. The property is situated in Clay County, Minnesota, zip code 56560, providing convenient access to local amenities and infrastructure. This is a prime opportunity to acquire a sizable, well-located development site in a growing Minnesota market. Don't miss this chance to build your next successful project.

Property profile
Verified
Property type Land
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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