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    2580 Overlook Ln Mandan, ND 58554

    For Sale
    $450,000

    1.18-Acre Lot, High Traffic Area, $450,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 1.18-acre commercial lot presents a unique investment opportunity in the thriving northwest Mandan area. Strategically positioned at the end of a cul-de-sac on Overlook Lane NW, this property offers convenient drive-thru access, a significant advantage for businesses requiring high visibility and easy customer flow. The location boasts exceptional proximity to major retail anchors like Walmart and the Starion Sports Complex, ensuring high foot and vehicle traffic. Furthermore, its adjacency to Interstate 94, exit 152, provides unparalleled accessibility for customers and employees. The surrounding area demonstrates robust demographics, with over 7,000 households and 16,000 residents, along with 800 businesses employing over 7,500 people, all within a 3-mile radius. Daily traffic counts exceed 50,000 vehicles, guaranteeing substantial exposure for any commercial venture. The asking price of $450,000 translates to $8.72 per square foot, representing a compelling value proposition given the property's prime location and high-traffic characteristics. This lot is ideal for a variety of commercial uses, offering significant potential for growth and return on investment. No special assessments are currently in place. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly developing area.

    Property Features for 2580 Overlook Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    51,401 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mandan
    County
    Morton
    State
    North Dakota
    Longitude
    -100.9106
    Latitude
    46.84829

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    FAQs

    What type of property is this?
    Commercial real estate - 1.18-Acre Lot, High Traffic Area, $450,000
    Where is this commercial real estate located?
    The property is located at 2580 Overlook Ln Mandan, ND.
    What is the asking price?
    The asking price for this property is $450,000.
    Request Owner's contact information
    2580 Overlook Ln Mandan, ND 58554
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2580 Overlook Ln Mandan, ND 58554
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