US-83 Byp Minot, ND 58703
This exceptional 50-acre commercial land parcel presents a unique investment opportunity in Minot, North Dakota. Strategically located on the US-83 Bypass, a major four-lane thoroughfare, this property boasts unparalleled visibility and accessibility. The land is zoned for commercial use, as designated in the Minot Land Use Plan, and is serviced by city utilities and infrastructure, ensuring seamless development. Surrounding the property are established commercial and residential areas, including recently constructed middle and high schools, shopping centers, banks, and a major hotel, creating a vibrant and thriving community. Future development plans include a private K-12 school and a municipal golf course, further enhancing the property's long-term value and appeal. The asking price is $9,256,500, translating to a land value of $4.25 per square foot. This prime location offers developers an exceptional opportunity to capitalize on the robust growth and development within Minot's commercial sector. The property's size and strategic location make it ideal for a wide range of commercial developments, promising significant returns on investment. The existing infrastructure and proximity to key amenities ensure a smooth and efficient development process. Don't miss this chance to acquire a truly exceptional commercial land parcel in a rapidly growing market.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.