2800 Us-10 Moorhead, MN 56560
- Land
Current Use by Public Records
- Land
Property Details for 2800 Us-10
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moorhead
- County
- Clay
- State
- Minnesota
- Longitude
- -96.7364
- Latitude
- 46.878
