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    OFF-MARKET
    Land

    2820 8Th St, Minot, ND 58703

    2.01 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10.27-acre development opportunity is ideally situated in the heart of Minot, North Dakota's thriving office and residential growth area. Comprising two parcels (8.26 acres and 2.01 acres), this level land is ready for immediate grading and boasts a highly desirable C4—Planned Commercial zoning designation. The property's location offers unparalleled convenience with water and sewer lines adjacent, minimizing infrastructure costs. Priced at $4.50 per square foot, this represents a significant land value proposition for developers seeking a prime location in a rapidly expanding market. The property's address is 2820 8th Street NW, Minot, ND 58703, and is identified by APN numbers MI11.831.000.0020 and MI11.831.000.0030. This presents a unique chance to capitalize on Minot's robust growth trajectory. The land's flat topography simplifies development, and its proximity to existing utilities streamlines the construction process. This is a rare opportunity to acquire a substantial land holding in a highly sought-after area of Minot, making it an ideal investment for commercial or residential development projects. The asking price for this exceptional property is $2,013,125.

    Property profile
    Verified
    Property type Land
    Lot 2.01 ac (87,556 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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