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Property profile & analytics
OFF-MARKET
Industrial properties

2746 Roughneck Rd Alexander, ND 58831

11,250 SF 2.49 ac lot Built 2013
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, 11,250-square-foot industrial flex building situated on a 2.49-acre lot in Alexander, North Dakota. Constructed in 2013 with a 4,250-square-foot warehouse addition in 2015, the property boasts 2,000 square feet of office space. The building features steel construction, three drive-in doors, and an 18-foot clear ceiling height. Heating is provided by gas. The property is zoned C-Commercial and benefits from a convenient location just off Highway 85 in Alexander Energy Park, roughly two miles south of downtown Alexander. The current lease, with a term expiring in May 2027, includes 3% annual escalations and a three-year renewal option. The property is priced to yield a 9% cap rate. The parcel ID is 01-02-00900. Additional details are available upon request. This is a rare opportunity to acquire a high-quality, fully leased industrial property in a growing market.

Property profile
Verified
Property type Industrial properties
Year built 2013
Total area 11,250 SF
Lot 2.49 ac (108,464 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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