Property profile

0 23Rd St Minot, ND 58701

OFF-MARKET
Land
2.9 ac lot
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Property summary

AI-generated overview

This exceptional 2.9-acre commercial lot is situated in the desirable Highlander Estates Subdivision in southwest Minot, North Dakota. Boasting a C2 zoning designation, this unimproved land presents a remarkable opportunity for developers and investors. Its strategic location offers unparalleled visibility and accessibility, directly across the street from the recently constructed Trinity Hospital. This proximity to a major medical facility ensures high traffic volume and a strong potential customer base. Furthermore, the property is adjacent to the Tracks of Minot development project, indicating a vibrant and growing neighborhood. The lot's size provides ample space for a variety of commercial ventures, from retail establishments and medical offices to restaurants and other businesses. The asking price for this prime commercial land is $884,765. The property is located at 23rd St. SW, Minot, ND 58701, within Ward County. This is a rare opportunity to acquire a significant parcel of land in a rapidly developing area of Minot, offering substantial potential for future growth and return on investment. The property is within city limits.

Property profile

Verified
Property type Land
Lot 2.9 ac (126,324 SF)

Cap rate & NOI

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

Location

23Rd St 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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