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    3901 21St St Mandan, ND 58554

    Sponsored
    For Sale
    $2,437,065

    Prime Mandan, ND lot; development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 174,700 square foot (4+ acre) commercial lot, located at 3901 21st St SE in Mandan, North Dakota (zip code 58554), presents a unique investment opportunity. Zoned CB, this property offers significant development potential for a variety of uses, including shop condos, retail spaces, educational facilities, group homes, and automotive businesses. Its strategic location within the Lakewood Development provides immediate access to established residential areas, schools, marinas, and existing commercial and multi-family properties. The surrounding area boasts a thriving community with amenities such as convenience stores, a gym/water park, and bars, ensuring high visibility and accessibility for any future development. While taxes and special assessments are currently incomplete, this prime location and flexible zoning make this a highly attractive investment. Note that provided pictures are conceptual representations of potential shop condos and retail storefronts. The property is classified as Class A and is part of a mixed-use, industrial, and retail development. This is one of the last commercially zoned lots available in the Lakewood Development, making it a truly rare opportunity.

    Property Features for 3901 21St St

    General Information

    Property type
    Retail properties
    Class
    A

    HighLights

    • $2,437,065 asking price.
    • 174,700 square foot lot (4+ acres) in Mandan, North Dakota.
    • CB zoning allows for various uses including shop condos, retail, education, group homes, and automotive businesses.
    • Located near marinas, residential areas, multi‑family housing, convenience stores, a gym/water park, and schools.
    • One of the last commercially zoned lots in the Lakewood Development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mandan
    County
    Morton
    State
    North Dakota
    Longitude
    -100.8407977
    Latitude
    46.8043739

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Retail property - Prime Mandan, ND lot; development potential.
    Where is this retail property located?
    The property is located at 3901 21St St Mandan, ND.
    What is the asking price?
    The asking price for this property is $2,437,065.
    What are key features of this property?
    This property features: $2,437,065 asking price.; 174,700 square foot lot (4+ acres) in Mandan, North Dakota.; CB zoning allows for various uses including shop condos, retail, education, group homes, and automotive businesses.
    Request Owner's contact information
    3901 21St St Mandan, ND 58554
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    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
    3901 21St St Mandan, ND 58554
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