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Property profile

3345 3Rd Ave Moorhead, MN 56560

OFF-MARKET
Mixed-use properties
Property ID
US46-2929107
111,319 SF 2.56 ac lot
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Property summary

AI-generated overview

This exceptional 2.56-acre parcel, located at 3345 3rd Ave N in Moorhead, Minnesota (zip code 56560, APN 58.096.0050), presents a compelling mixed-use development opportunity. The property boasts a substantial 111,319 square feet of land, currently zoned MU-3 Commercial Mixed Use, offering significant flexibility for a variety of projects. The asking price is $612,254, translating to $5.50 per square foot. This strategically located site is conveniently situated just off Highway 10, providing excellent access and visibility. The absence of a density maximum, subject to meeting minimal city dimensional standards, allows for the potential development of a large-scale multi-family, mixed-use, office, or retail project. The area enjoys strong commercial presence, with nearby establishments including Cashwise Grocery, Walmart, Runnings, Target, Axis Clinicals, and the Easten Shopping Center Mall, indicating a thriving and established market. This property represents a rare chance to capitalize on the growth and potential of Moorhead, Minnesota. The property's size and zoning make it an ideal investment for developers seeking a high-impact project in a desirable location.

Property profile

Verified
Property type Mixed-use properties
Total area 111,319 SF
Lot 2.56 ac (111,514 SF)
UPID US46-2929107

Cap rate & NOI

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

Location

3345 3Rd Ave Moorhead, MN 56560
Moorhead metro
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Value estimations

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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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