Property profile

1200 Hwy 49th N Beulah, ND 58523

OFF-MARKET
Commercial land
Property ID
US56-0318368
0.82 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 28,000 square foot commercial property, situated on a 2.15-acre lot at 1200 Highway 49 N in Beulah, North Dakota, presents a unique investment opportunity. Currently featuring 48 rooms and a thriving lounge, this established business boasts significant income potential. The building's strategic location in the heart of Mercer County offers easy access to key industries including mining and power plants, ensuring a strong customer base. Recreational opportunities abound, with the renowned Lake Sakakawea, a premier walleye fishing destination, just 18 miles away. The property's substantial size allows for diverse uses and expansion possibilities. While a restaurant space is currently vacant, this presents a significant opportunity to increase revenue streams and tailor the property to meet specific market demands. The existing infrastructure and established clientele provide a solid foundation for a successful venture. The asking price is $799,900. This is an exceptional chance to own a well-established commercial property in a thriving North Dakota community. Serious inquiries only.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.82 ac (35,719 SF)
APN BB14488520101
UPID US56-0318368

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1200 Hwy 49th N Beulah, ND 58523-6065
Beulah metro Census 961700
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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