Block E
801 Main Ave, Moorhead, MN 56560
Moorhead, Minnesota, United States
Address
City: Moorhead
Neighborhood: Downtown
State: Minnesota
Postal Code: 56560
Country: United States
Business facts
Estimated annual revenue~$633.7K
Estimated employees~3
Estimated wage bill~$131.9K
In business since2021 (est.)
Estimate based on strong signals
Area statistics (56560)
Population43,860
Median household income$70,107
Source: US Census ACS
About
"Block E" is a stunning mixed-use building located at the corner of 8th Street and Main Avenue in Moorhead, MN. The building is home to Eventide Corporate Headquarters, Choice Bank, Usher's House, Nutrition Hub, and an Edward Jones location. Additionally, it features 12 residential living units on the top floors.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning around its category median in a growing category (Apartment Building).
EstimateCategory trend: 2024, +5.1%
Revenue trend (modeled)
~$435.5K2019
~$454.0K2020
~$479.2K2021
~$540.1K2022
~$600.1K2023
~$633.7K2024
Modeled from official industry statistics+7.8%/yr since 201980% confidence band: ±42%
Property
Lot size0.20 acres
CountyClay
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Apartment Building in Minnesota | 4,648 | ~$4.4B | ~$949.2K | ~$723.3K | 3.9★ | 0.9× |
Category revenue trend2024: +5.1%2023: +4.1%2022: +9.8%2021: +6.5%Modeled from business-level estimates
Chain pressure132 chains expanding in this category, led by Aitkin Manor, York Villa, 111 Vine (+688 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 281 | ~$340.6M | ~$1.2M | ~$518.1K | 1,811 | ~$148.0M | 1.2× |
| Real estate activities | 7 | ~$6.2M | ~$884.2K | — | 19 | — | — |
| Construction | 6 | ~$19.0M | ~$3.2M | — | 38 | — | — |
1 km area (all businesses): median from the 219 of 281 businesses with estimates
Estimate
Area conditions (56560)
Population43,860 ±229
Median household income$70,107 ±$3,981
Median home value$237,200
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS