6201 Hwy 2 & 52 Minot, ND 58701
- Land
- 2.00 lot acres
Current Use by Public Records
- Land
Property Details for 6201 Hwy 2 & 52
- Lot size
- 2.00 lot acres
- Property type
- Land
Description
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.
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
- Minot
- County
- Ward
- State
- North Dakota
- Longitude
- -101.292
- Latitude
- 48.2077
