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    520 Old Red Trl Mandan, ND 58554

    Sponsored
    For Sale
    $2,408,860

    Prime Commercial Land, High Visibility, I-94 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.53-acre commercial land parcel in Mandan, North Dakota, presents a remarkable investment opportunity. Located at 520 Old Red Trail (APN 65-6140050), this property boasts 561 feet of frontage along Old Red Trail, ensuring excellent visibility and accessibility. The land comprises three contiguous lots, offering flexibility for development. Its strategic location places it adjacent to the new Mandan High School to the north and a Subaru dealership to the west, and just three blocks from the Mandan Walmart. The south-facing exposure maximizes sunlight and visibility from Interstate 94, a major transportation artery. The property is zoned CC-Commercial District with restrictions (no self-storage or multi-use shops). Utilities are readily available, with power on-site and water and sewer connections accessible. Potential buyers are responsible for verifying available utilities, easements, pending special assessments, taxes, any Mandan City Development Agreements, and zoning regulations. The asking price for this highly desirable commercial land is $2,408,860. This is a rare opportunity to acquire a significant commercial property in a rapidly growing area.

    Property Features for 520 Old Red Trl

    General Information

    Property type
    Land
    Lot Size
    240,887 SF

    HighLights

    • $2,408,860 asking price
    • 5.53‑acre commercial land parcel
    • Located at 520 Old Red Trail, Mandan, ND 58554 (APN 65‑6140050)
    • CC‑Commercial District zoning (restrictions apply: no self‑storage or multi‑use shops)
    • High visibility with 561 feet of frontage on Old Red Trail, near Mandan High School, Subaru dealership, and Walmart.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Gym & Fitness Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Mandan
    County
    Morton
    State
    North Dakota
    Longitude
    -100.885749
    Latitude
    46.8435763

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Visibility, I-94 Access
    Where is this land located?
    The property is located at 520 Old Red Trl Mandan, ND.
    What is the asking price?
    The asking price for this property is $2,408,860.
    What are key features of this property?
    This property features: $2,408,860 asking price; 5.53-acre commercial land parcel; Located at 520 Old Red Trail, Mandan, ND 58554 (APN 65-6140050)
    Request Owner's contact information
    520 Old Red Trl 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
    520 Old Red Trl Mandan, ND 58554
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