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Property profile & analytics
OFF-MARKET
Specialty properties

301 Gumbo Loop Oakdale, ND 58640

8,720 SF Built 1980
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Killdeer, North Dakota, presents a unique investment opportunity. The 8,720-square-foot building encompasses a versatile shop with three 16-foot overhead doors, ideal for various industrial or commercial uses, and a five-office space with two conference rooms. Three on-site apartments provide additional income potential or housing for staff. Complementing the commercial space is a well-maintained 19-pad RV park, perfectly positioned to serve the thriving energy sector in the Williston Basin. Built in 1980, this Class B property boasts a current occupancy of 20%, projected to increase. The asking price is $1,000,000, representing a compelling $114.68 per square foot and a projected 11.06% capitalization rate based on a Net Operating Income (NOI) of $110,600. Projected expenses include $16,175 for heat, $1,620 for water, sewer, and gas, $4,800 for snow removal, $5,790 for property taxes, and $6,600 for insurance. The property's location in Dunn County, within the dynamic Williston Basin, offers significant growth potential due to the region's robust oil and gas production. Seller financing may be available for qualified buyers. The property's address is 301 Gumbo Loop, Killdeer, ND 58640. APN: 10-8204-023.

Property profile
Verified
Property type Specialty properties
Year built 1980
Total area 8,720 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
Current use
Occupant on record · Public records
  • RC Depot & Treasures Shopping Center & Mall
  • Z RV Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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