For Sale
$1,100,000
3221 41St StMoorhead, MN 56560
High-yield truck parking, 8.04% cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- $1,100,000 asking price for a value-add investment opportunity.
- 92,443 SF truck parking lot in Moorhead, MN, with 8.04% cap rate and $88,445 NOI.
- 50 parking spaces, currently 72% occupied (36 leased), with a 1-year lease term.
- Gross lease type, multi-tenant property with potential for increased income via daily parking.
- Property features security cameras and recently installed drainage; located near I-94.
- Land value: $12.44/SF; APN: 58.417.0021; Renovated in 2023.
Property Details for 3221 41St St
- Property type
- Land, Industrial properties
- Square Feet
- 92,443 SF
- Year Renovated
- 2023
- Units
- 1
Location Insight
- City
- Moorhead
- County
- Clay
- State
- Minnesota
- Latitude
- 46.841509000903
- Longitude
- -96.713380099068
3221 41St St, Moorhead, Minnesota
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