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Property profile

301 Central Ave Beulah, ND 58523

OFF-MARKET
Commercial real estate
2.23 ac lot Built 1974
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Property summary

AI-generated overview

This exceptional commercial property, located at 301 Central Avenue S in Beulah, North Dakota, presents a compelling value-add investment opportunity. The property encompasses a substantial 2.23-acre lot, offering significant potential for development and expansion. Currently configured with 22 pads designed for commercial use, the property boasts a considerable footprint suitable for a variety of businesses. The existing occupancy rate stands at 23%, indicating a substantial opportunity to increase revenue through lease-up and strategic tenant acquisition. The property's prime location in Beulah offers excellent visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. Given the current occupancy and the significant land area, this property presents a unique chance to capitalize on the growing commercial landscape in Beulah. The asking price of $225,000 reflects the considerable potential for return on investment. Detailed financial information and site plans are available upon request. This is an ideal opportunity for investors seeking a value-add project with strong potential for future growth and profitability in a thriving North Dakota community. The property's size and location make it a versatile asset, suitable for a range of commercial uses. Serious inquiries are encouraged to explore this promising investment opportunity further.

Property profile

Verified
Property type Commercial real estate
Year built 1974
Lot 2.23 ac (97,139 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

301 Central Ave Beulah, ND 58523
Beulah metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

5 recent transactions · within 1.5 mi
Comparable in this city
5 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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