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    Rural Address - 2.5 Ac Mapleton, ND 58059

    For Sale
    $385,000

    Prime 2.7-acre commercial lot near Fargo.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.7-acre commercial lot is situated in the Mapleton I-94 Development Park (Lot 1 Block 2), offering unparalleled access and visibility. Located in Cass County, North Dakota, with a Mapleton zip code of 58059, this property boasts a prime location just off Interstate 94, minutes west of Fargo and West Fargo. The asking price is $385,000, translating to a land value of $2.50 to $3.50 per square foot. Zoned Commercial C-1, this lot is ready for immediate development. The property is situated on a newly constructed 80,000 lb. concrete road and is located outside the 500-year floodplain, minimizing site preparation needs. The development park offers significant advantages, including potential Tax Increment Financing (TIF) approval from the city of Mapleton, which could further reduce already low assessed special assessments. This presents a unique opportunity for businesses seeking a strategic location with excellent infrastructure and cost-effectiveness. The larger development park also includes over 100 acres of unplatted land for future expansion or large-scale projects, with potential rail access near Highway 10. This property represents a compelling investment opportunity in a rapidly growing area.

    Property Features for 0 Rural Address - 2.5 Ac

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    HighLights

    • 2.7‑acre commercial lot in Mapleton I‑94 Development Park (Lot 1 Block 2), Cass County, ND 58059.
    • Prime I‑94 location, minutes from Fargo/West Fargo.
    • $385,000 asking price; $2.50-$3.50/SF land value.
    • C‑1 zoning, ready for immediate development.
    • Located on a new 80,000 lb. concrete road, outside the 500‑year floodplain.
    • Potential Tax Increment Financing (TIF) available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mapleton
    County
    Cass
    State
    North Dakota
    Longitude
    -97.1375692
    Latitude
    46.8554276

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    FAQs

    What type of property is this?
    Land - Prime 2.7-acre commercial lot near Fargo.
    Where is this land located?
    The property is located at Rural Address - 2.5 Ac Mapleton, ND.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: 2.7-acre commercial lot in Mapleton I-94 Development Park (Lot 1 Block 2), Cass County, ND 58059.; Prime I-94 location, minutes from Fargo/West Fargo.; $385,000 asking price; $2.50-$3.50/SF land value.
    (701) 239-5839
    Request Owner's contact information
    Rural Address - 2.5 Ac 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
    Rural Address - 2.5 Ac Mapleton, ND 58059
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