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    121 Gold Ct Mapleton, ND 58059

    For Sale
    $799,900

    Five-bay shop, high rental potential.

    Property size:
    7,680 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property at 121 Gold Court, Mapleton, ND, presents a compelling investment opportunity. The property boasts a nearly 7,700 square foot, newly constructed Cleary Building, spanning 160 feet in length and 48 feet in depth. This expansive structure is divided into five individual shop bays, each measuring 32 feet wide by 48 feet deep, providing ample space for various commercial uses. Currently, two of the five bays are already leased, generating immediate rental income. The remaining three bays offer significant potential for increased revenue, allowing a new owner to tailor leasing strategies to their specific needs and market demands. Situated on a one-acre lot, this property offers convenient access and ample space for potential expansion or outdoor storage. The building's recent construction ensures modern amenities and low maintenance costs. This is a rare opportunity to acquire a well-located, income-generating commercial property in Mapleton, ND. The recent significant price reduction makes this an even more attractive investment, promising strong returns for both owner-occupants and investors seeking a stable and profitable venture. Don't miss this chance to secure this prime commercial real estate.

    Property Features for 121 Gold Ct

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,680 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    2023
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mapleton
    County
    Cass
    State
    North Dakota
    Longitude
    -97.04386
    Latitude
    46.88124

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    FAQs

    What type of property is this?
    Commercial real estate - Five-bay shop, high rental potential.
    Where is this commercial real estate located?
    The property is located at 121 Gold Ct Mapleton, ND.
    What is the asking price?
    The asking price for this property is $799,900.
    (701) 212-4107
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    121 Gold Ct Mapleton, ND 58059
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    Mapleton, ND 58059
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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
    121 Gold Ct Mapleton, ND 58059
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