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    301 Main St Horace, ND 58047

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    For Lease
    $2,450,000

    Prime location with retail, office, or mixed-use potential.

    Property size:
    8,139 SF
    Lot size:
    0.41 Acres

    Property Features for 301 Main St

    General Information

    Size
    8,139 SF
    Lot size
    0.41 Acres

    Source: JBC Commercial Agent Alyssa Lakosky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Horace Mixed-Use Development Opportunity

    This property presents a build-to-suit opportunity for lease or sale in downtown Horace, a fast-growing area. The property offers flexible square footage options to suit various needs, with potential for retail, office, or mixed-use layouts. The second floor allows for optional use as apartments, office space, or additional retail. Construction is slated to begin in Spring 2026, offering the possibility for early customization. The property size is 8139 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Building Supply Pharmacy Auto Repair Shop Wholesale Shop Daycare Center Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Horace
    County
    Cass
    State
    North Dakota
    Longitude
    -96.9034331
    Latitude
    46.7593391

    Nearby Similar for Lease

    • $11 SF/Yr
      6,500 SF

      Horace Shop Space - I-29 Access

      Large Shop Space, Ideal for Storage or Business
      9541 39 St, Horace, ND 58047
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime location with retail, office, or mixed-use potential.
    Where is this retail space located?
    The property is located at 301 Main St Horace, ND.
    What are key features of this property?
    This property features: - Prime downtown Horace location in a fast-growing area; - Build-to-suit opportunity for lease or sale; - Flexible square footage options available to suit your needs
    (701) 929-6000
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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
    301 Main St Horace, ND 58047
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