1012 18Th AveMoorhead, MN 56560
- Other commercial real estate
- 0.09 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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