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    440 Horsch Anderson Ave Mapleton, ND 58059

    Sponsored
    For Sale
    $310,005

    Prime 3.16-acre industrial lot near Fargo.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.16-acre industrial land parcel, located at 440 Horsch Anderson Ave in Mapleton, North Dakota (zip code 58059), presents a compelling investment opportunity. Situated in the Mapleton I-94 Development Park - Lot 4 Block 1, this property boasts convenient access to Interstate 94, placing it just minutes west of Fargo and West Fargo. The lot size is 137,780 square feet, and the asking price is $310,005, translating to a land value of $2.25 per square foot. The property is zoned for industrial use (I) and is located on a newly constructed 80,000 lb. concrete road. A significant advantage is its location outside the 500-year floodplain, minimizing the need for extensive fill. Furthermore, many lots within this development park are situated within a Tax Increment Financing (TIF) district, offering potential tax benefits to buyers who secure TIF approval from the city of Mapleton. This could further reduce already low assessed special assessments. The development park also benefits from over 100 acres of unplatted land available for future expansion, catering to large-scale users and potentially offering rail access near Highway 10. This prime location offers superior accessibility and visibility at a significantly lower cost than comparable land within the Fargo-Moorhead metro area. This presents a rare opportunity to acquire a well-situated industrial lot with significant potential for growth and development.

    Property Features for 440 Horsch Anderson Ave

    General Information

    Property type
    Land
    Lot Size
    137,650 SF

    HighLights

    • 3.16‑acre industrial lot (137,780 SF) in Mapleton, ND (58059).
    • Located in Mapleton I‑94 Development Park, offering I‑94 access, minutes from Fargo/West Fargo.
    • $310,005 asking price ($2.25/SF).
    • Industrially zoned (I), situated on a new 80,000 lb. concrete road, outside the 500‑year floodplain.
    • Potential tax benefits through a Tax Increment Financing (TIF) district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Gym & Fitness Kitchen & Bath Department Store Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mapleton
    County
    Cass
    State
    North Dakota
    Longitude
    -97.0418843
    Latitude
    46.8822158

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    FAQs

    What type of property is this?
    Land - Prime 3.16-acre industrial lot near Fargo.
    Where is this land located?
    The property is located at 440 Horsch Anderson Ave Mapleton, ND.
    What is the asking price?
    The asking price for this property is $310,005.
    What are key features of this property?
    This property features: 3.16-acre industrial lot (137,780 SF) in Mapleton, ND (58059).; Located in Mapleton I-94 Development Park, offering I-94 access, minutes from Fargo/West Fargo.; $310,005 asking price ($2.25/SF).
    Request Owner's contact information
    440 Horsch Anderson Ave 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
    440 Horsch Anderson Ave Mapleton, ND 58059
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