Property profile

6201 Hwy 2 & 52 Minot, ND 58701

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional 2-acre commercial lot presents a compelling investment opportunity in Minot, North Dakota. Located at 6201 Hwy 2 & 52 W, this C2-zoned property boasts excellent highway visibility and frontage, just two miles west of Minot city limits. The land is flat and easily adaptable to a variety of commercial uses. Existing infrastructure includes a 20 x 60 concrete pad, electric service, a septic system, and a well. Rural water is also readily available. The seller offers considerable flexibility, including the possibility of a contract for deed or a lease agreement at a monthly rate of $3,200. A previous lease agreement with a signage company demonstrates the property's rental potential, with a 15-year lease history showing escalating annual payments starting at $1,500 and increasing to $2,000 by year 10. This versatile property is ideal for entrepreneurs seeking a strategic location with existing infrastructure and flexible ownership options. The asking price is $325,000, making this a highly attractive proposition for those seeking a strong return on investment in a growing North Dakota market. The property's location on a major highway ensures high visibility and accessibility, making it an ideal site for a wide range of businesses.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6201 Hwy 2 & 52 Minot, ND 58701
Minot metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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