3600 40Th St Moorhead, MN 56560
- Commercial real estate
- 13.43 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3600 40Th St
- Lot size
- 13.43 lot acres
- Property type
- Commercial real estate
- APN
- 58.156.0010
Description
This exceptional 13.43-acre property in Moorhead, Minnesota, presents a unique development opportunity. Located at 3600 40th Street S, (APN 58.156.0010), this land boasts prime positioning on Highway 52, offering easy access to Interstate 94 and proximity to both the Village Green Golf Course and the MCCARA Industrial Park. Currently zoned for Residential Moderate Density 2, allowing for up to 162 multifamily units, the property's versatility extends beyond residential development. Rezoning possibilities exist for mixed-commercial use or potentially certain light industrial applications. The land is currently utilized for agricultural purposes, featuring attractive trees along its southern boundary. The asking price is $2,047,493, translating to a land value of $3.50 per square foot. This strategic location, combined with its flexible zoning and substantial acreage, makes this a highly attractive investment for developers seeking a diverse range of development options. The property's existing agricultural use and mature trees offer additional aesthetic and potential development considerations. This is a rare chance to acquire a significant parcel of land in a rapidly growing area with excellent infrastructure and access to major transportation routes. The potential for substantial returns makes this a compelling investment prospect.
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
- Moorhead
- County
- Clay
- State
- Minnesota
- Longitude
- -96.7127078
- Latitude
- 46.8367193
