2746 Roughneck Rd Alexander, ND 58831
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.