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    OFF-MARKET
    Land

    0 Of I-94, Mandan, ND 58554

    292.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 292.2-acre commercial land parcel presents a significant development opportunity in West Mandan, North Dakota. Strategically located south of Interstate 94, this expansive property offers unparalleled potential for various commercial ventures. The land is comprised of three separate parcels with APNs 65-5598000 (119.91 acres), 65-5601000 (162.25 acres), and 65-5778000 (10.04 acres). The asking price is $5,113,500, translating to a land value of $17,500 per acre. This represents a compelling investment opportunity given the property's size and prime location within a growing area. 2020 tax assessments for the individual parcels were $1,554.48, $2,095.28, and $1,326.57 respectively. The property's proximity to I-94 ensures excellent accessibility and visibility, making it ideal for a wide range of commercial developments. Serious inquiries are encouraged to explore the possibilities this substantial land holding offers. The property is situated in Morton County, with a West Mandan address and a 58554 zip code. This location offers easy access to the amenities and infrastructure of Mandan while benefiting from the growth potential of the surrounding area. This is a rare opportunity to acquire a large, strategically located parcel of commercial land in a thriving market.

    Property profile
    Verified
    Property type Land
    Lot 292.2 ac (12,728,232 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
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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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