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Property profile & analytics
FOR SALE
Retail space

1500 21St Ave NW Minot, ND 58703

10,320 SF Built 2014
Property ID
US56-0355351
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, 10,320 square foot retail storefront located at 1500 21st Ave NW in Minot, North Dakota. Built in 2014, this single-story building sits on a 50,995 square foot lot and is zoned C2 - General Commercial. The property features three units, boasting a strong tenant lineup of regional and local businesses within a thriving commercial area offering general retail, medical, and food services. Ample on-site parking, a storefront glass entrance, and excellent signage ensure high visibility and accessibility. The building dimensions measure 120 feet by 86 feet. With an asking price of $3,100,000 ($300.39 per square foot), this property is an ideal addition to any investment portfolio. The property's location in Northwest Minot ensures high traffic counts and a strong potential for continued growth and return on investment.

Property profile
Verified
Property type Retail space
Year built 2014
Total area 10,320 SF
UPID US56-0355351
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
Current use
Occupant on record · Public records
  • Dr. Scott Engum Physician
  • Dr. Jessica Sedevie Physician
  • Aaron Ray Esquibel Alternative Medicine Practice
  • Virginia Jean Faulkner Alternative Medicine Practice
  • Ana Tobiasz Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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