2323 16th Avenue South

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2323 16th Avenue South

Moorhead, MN 56560
Asking Price
$875K
Asset Type
Traditional Office Retail
Class
Class B

What's Special

<p>Investment Highlights</p><p>Below-Market Pricing: A hard-to-find industrial investment opportunity priced at $875,000, below the assessed value of $904,500.</p><p>Strong Cap Rate: 2025 net operating income reflects a 7.6% cap rate, inclusive of the value attributable to the excess land.</p><p>Excess Land for Growth: Approximately 26,000 SF of additional land provides flexibility for outdoor storage income or a future building expansion, adding upside beyond current in-place cash flow.</p>

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NOI
$80,000
Cap Rate
9.14%
DSCR
1.54
Strong
Cash-on-Cash
10.69%
Monthly Payment
$4,329.023
Annual Cash Flow
$28,051.729

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