Property profile

7002 112Th Ave Horace, ND 58047

OFF-MARKET
Land
93.73 ac lot
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Property summary

AI-generated overview

This exceptional 93.73-acre parcel presents a unique investment opportunity in Horace, North Dakota. Situated within the FM Diversion protection area and conveniently located within city limits, this property offers significant development potential. The land is strategically positioned at the intersection of 112th Avenue South and County Road 17, providing excellent visibility and accessibility. Its advantageous location is further enhanced by its proximity to existing residential developments to the north, suggesting a strong potential for residential, commercial, or industrial projects. The property is zoned for agricultural use, offering flexibility for future development plans subject to necessary approvals and permits. With its substantial size and prime location, this land presents a compelling opportunity for developers seeking a large-scale project in a rapidly growing area. The asking price for this expansive tract is $3,150,000. The address is 7002 112th Ave S, Horace, ND 58047, in Cass County.

Property profile

Verified
Property type Land
Lot 93.73 ac (4,082,879 SF)

Cap rate & NOI

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

Location

7002 112Th Ave Horace, ND 58047
Horace 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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