Moorhead, MN Commercial Property for Sale
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Moorhead, MN Real Estate Statistics
Property Types (active listings)
As of April 1, 2023 there are active Moorhead, MN commercial real estate listings for sale with an average listing price of $. The highest-priced commercial property listing is $, while the lowest priced commercial property can be purchased for $. Moorhead, MN Commercial properties for sale have an average price of $ per square foot, based on commercial listings with an average of bedrooms, bathrooms, and square feet of living space.
Moorhead, MN Commercial Real Estate & Properties
The Moorhead, Minnesota, commercial real estate market is firm and is attracting a lot of attention from investors. The city has a lot to offer businesses, including a highly educated workforce, a central location in the Midwest, and a variety of business-friendly tax incentives.
Moorhead is also home to many major employers, including Microsoft, 3M, and Sanford Health. These companies have helped to make Moorhead one of the most prosperous cities in the state of Minnesota.
If you are thinking about investing in Moorhead commercial real estate, now is a great time to do so. The city offers a variety of properties that are perfect for businesses of all types. Contact one of our local real estate agents today!
Moorhead, Minnesota's History
Moorhead is a city in Minnesota with a rich history dating back to the 19th century. The town was founded in 1871 and is named after William G. Moorhead, a director of the Northern Pacific Railway. The railway was responsible for Moorhead's economic and population growth. The Homestead Act offered acreage to individuals in exchange for farming and making their homes in the area.
The city continued to grow throughout the 20th century, and it is home to over 38,000 people. Moorhead is a thriving community with a strong economy and various businesses and industries.
The Moorhead commercial real estate market is robust and is attracting a lot of attention from investors. The city has a lot to offer businesses, including a highly educated workforce, a central location in the Midwest, and a variety of business-friendly tax incentives.
Moorhead, Minnesota's Demographics
Moorhead is a city located in Clay County, Minnesota. It is also the county seat of Clay County. With a 2020 population of 45,793, it is the 21st-largest city in Minnesota and the 969th-largest city in the United States. Moorhead is growing at a rate of 1.43% annually, and its population has increased by 2.89% since the most recent census, which recorded a population of 44,505 in 2020. Spanning over 22 miles, Moorhead has a population density of 2,057 people per square mile. The median age in Moorhead is 28 years old. The gender makeup of the city is 50.6% male and 49.4% female. 71% of the population are married couples, while 16% have children and are single parents. 9% do not have any children living with them.
Moorhead, Minnesota's Geographic Makeup
Moorhead, Minnesota, is a city with a rich geographical makeup. The city is home to Interstate 94 and U.S. Routes 10 and 75 - making it a highly accessible location. Additionally, the Fargo-Moorhead area provides nearby routes such as Interstate 29 and Minnesota State Highway 336. Not to mention, Moorhead sits in the fertile Red River Valley - making the land around the area some of the flattest and most affluent in the world for agricultural purposes. This is due to the city's location on the lake bed of glacial Lake Agassiz - which disappeared long ago. Finally, according to the United States Census Bureau, the city has a total area of 19.80 square miles (51.82 km²) with an elevation of 898 ft (274 m) above sea level. All these factors contribute to Moorhead, Minnesota's unique geographical makeup - making it a desirable location for many individuals and businesses.
Moorhead, Minnesota‘s Economy
The economy in Moorhead, Minnesota, is strong and growing. The average household income is $73,663, and the poverty rate is only 16.21%. The median rental costs are affordable at $880 per month, and the median house value is a very reasonable $200,300. The median age in Moorhead is 30.4 years, 30 years for males and 30.8 years for females. The workforce is very educated, with 37.1% having a bachelor's degree or higher. The job market is good, with an unemployment rate of 2.7%. Overall, Moorhead is a great place to live, with a strong economy and plenty of opportunities for education and employment.
Moorhead, Minnesota's Employment
Moorhead, MN, is a great place to live and work! The economy employs 23.4k people, the largest industries being Health Care & Social Assistance, Educational Services, and Retail Trade. Utilities, Wholesale Trade, and Professional Scientific and Technical Services are the highest-paying industries. There are plenty of job opportunities in Moorhead!
Why Commercial Real Estate In Moorhead, Minnesota?
Moorhead, Minnesota, is a great place to invest in commercial real estate! The city has a lot to offer businesses, including a highly educated workforce, a central location in the Midwest, and a variety of business-friendly tax incentives. Moorhead is also a very affordable place to live and work; the median rental cost is only $880 per month. If you're looking for a great place to invest in commercial real estate, Moorhead, MN, is perfect!