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Moorhead Business Park
The City of Moorhead owns 75 acres of fully serviced, platted, shovel-ready industrial zoned lots in the Moorhead Business Park and an additional 730 acres of property adjoining Interstate 94.
| Available Sites - Moorhead Business Park |
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MOORHEAD BUSINESS PARK
- Available Now:
- Five, fully serviced, shovel-ready City-owned lots from 10-20 acres in size (future rail spur)
- Two, fully serviced, shovel-ready City-owned lots with rail service, each approx. 2 acres in size
- Six, fully serviced, shovel-ready City-owned lots on Interstate 94, each approx. 2 acres in size
- New infrastructure, including:
- 10-ton concrete streets
- 12" sanitary main
- 54" storm main
- Retention ponds
- New modern interchange at I-94 and 34th Street leading directly to the Moorhead Business Park
- Minnesota Trunk Highway System provides a network of paved roads to transport commodities
- Rail service is provided to the Moorhead Business Park by Burlington Northern and Santa Fe Railway Company. Rail service may be extended to these lots.
- Zoned for industrial use with no limits on maximum building height
- Special assessments of $47,000 per acre ($1.08 per square foot) and can be paid in full upon closing or spread over a 20-year term at a fixed interest rate of 7% per annum
- Effective property tax rate of 2.3% of the estimated market value on industrial properties
ADDITIONAL LAND
The City of Moorhead owns approximately 730 acres of land surrounding the Moorhead Business Park. This partially serviced property can be configured to supplement the fully serviced land. Land cost for the partially serviced property is $15,000 per acre ($0.34 per square foot) plus special assessments of $4,000 per acre ($0.09 per square foot) or a mutually negotiated price.
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