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Property profile & analytics
OFF-MARKET
Land

2220 16Th St Minot, ND 58703

0.65 ac lot
Property ID
Property summary
AI-generated overview

This exceptional offering presents two build-ready commercial lots ideally situated in Minot, North Dakota's thriving Lakeside 21st Addition. Both lots boast convenient access to key amenities, including the Marketplace Foods grocery store, Sanford Health, and CHI St. Alexius Medical Plaza, ensuring high visibility and accessibility for future businesses. The lots are zoned C2-General Commercial, providing flexibility for a wide range of commercial developments. Lot 4, encompassing 0.65 acres, is priced at $345,000, translating to approximately $12.18 per square foot. Lot 5, slightly larger at 1.04 acres, is offered at $545,000, or roughly $12.03 per square foot. This rapidly developing area presents a unique opportunity for investors and developers seeking a strategic location within a growing commercial corridor. The properties are located at 2220 16th St NW, Minot, ND 58703, in Ward County. These lots are ready for immediate development, making them an attractive investment for those seeking a quick return on investment in a high-demand area. Don't miss this chance to secure a prime piece of Minot's commercial real estate market.

Property profile
Verified
Property type Land
Lot 0.65 ac (28,314 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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