1012 18Th AveMoorhead, MN 56560

  • Other commercial real estate
  • 0.09 AC
For Sale
$799,000 View listing

Property Details for 1012 18Th Ave

Lot size
0.09 AC
Property type
Other commercial real estate
APN
58.900.1925
APU
589001925

Description

This exceptional self-storage facility presents a compelling investment opportunity in the thriving city of Moorhead, Minnesota. Located at 1012 N 18th Ave, this property boasts a substantial 10,520 square feet of rentable space, offering significant income potential. Built in 1950, the facility is priced at $799,000, translating to an attractive price per square foot of $75.95. Situated in Clay County, with a convenient Moorhead, MN 56560 zip code, this location benefits from excellent accessibility and visibility. The property's size and established presence in the market make it an ideal acquisition for investors seeking a stable and potentially high-yielding asset. This is a rare chance to own a well-positioned self-storage business in a growing area. The property's strong fundamentals and location within a dynamic market suggest a promising return on investment. Further due diligence is encouraged to fully assess the potential of this exceptional opportunity. The property is a self-storage facility, offering a straightforward and potentially low-maintenance investment. The asking price represents a competitive entry point into the self-storage market in this desirable Minnesota location. This is a turnkey operation ready for an owner-operator or an investor seeking passive income.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $824,938
    Hospitality
    $755,639
    Educational
    $628,683
    Medical
    $650,304
    Retail
    $977,951
1012 18Th Ave, Moorhead, Minnesota

Location Insight

City
Moorhead
County
Clay
State
Minnesota
Latitude
46.8942
Longitude
-96.7637
CBSA code
22020
CBSA name
FARGO, ND-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,460
$7,800
$67,500
$75,300
-
$7,800
$67,500
$75,300

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