0 31St Ave Minot, ND 58701
This exceptional 3.39-acre commercial lot presents a remarkable investment opportunity in Minot, North Dakota. Located in the desirable Highlander Estates Subdivision, this unimproved land boasts a prime location directly across from the recently constructed Trinity Hospital and adjacent to the burgeoning Tracks of Minot development. The property's R2 zoning allows for a variety of commercial uses, making it ideal for developers seeking to capitalize on the area's rapid growth. With its strategic positioning near a major medical facility and a significant ongoing development project, this lot offers unparalleled potential for high returns. The property is situated at 31st Ave. SW, Minot, ND 58701, within Ward County. The asking price for this exceptional parcel is $590,156. Its convenient location and promising surroundings make this a truly exceptional opportunity for commercial development in a thriving North Dakota community. The property is within city limits and offers significant potential for future development given its proximity to key infrastructure and amenities. This is a rare chance to acquire a substantial commercial lot in a rapidly expanding area.
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.