8th 8Th Ave Devils Lake, ND 58301
This exceptional 72.64-acre agricultural property in Ramsey County, North Dakota, presents a unique investment opportunity. Located near Devils Lake, this land boasts stunning views, particularly from its southwest corner, offering elevated perspectives of the lake. The property is zoned AG and features convenient access to city water and electricity, along with excellent road access via 7th Ave SE and the soon-to-be-paved 8th Ave SE, providing direct lake access during winter. Its versatility allows for various development possibilities, including continued agricultural use, residential construction, or commercial ventures. The area's strong economy, driven by agriculture and related businesses, coupled with its renowned hunting and fishing attractions, makes this a compelling investment. The presence of a local airport with daily flights to Denver International Airport further enhances its accessibility. The property's APN is 05000001056000, 05000001138003. The asking price is $159,000. This rare opportunity combines natural beauty with significant development potential in a thriving community. The property's address is 8th Ave SE, Devils Lake, ND 58301.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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