Rural Address - 2.5 Ac Mapleton, ND 58059
- Land
- 2.70 lot acres
Current Use by Public Records
- Land
Property Details for 0 Rural Address - 2.5 Ac
- Lot size
- 2.70 lot acres
- Property type
- Land
Description
This exceptional 2.7-acre commercial lot is situated in the Mapleton I-94 Development Park (Lot 1 Block 2), offering unparalleled access and visibility. Located in Cass County, North Dakota, with a Mapleton zip code of 58059, this property boasts a prime location just off Interstate 94, minutes west of Fargo and West Fargo. The asking price is $385,000, translating to a land value of $2.50 to $3.50 per square foot. Zoned Commercial C-1, this lot is ready for immediate development. The property is situated on a newly constructed 80,000 lb. concrete road and is located outside the 500-year floodplain, minimizing site preparation needs. The development park offers significant advantages, including potential Tax Increment Financing (TIF) approval from the city of Mapleton, which could further reduce already low assessed special assessments. This presents a unique opportunity for businesses seeking a strategic location with excellent infrastructure and cost-effectiveness. The larger development park also includes over 100 acres of unplatted land for future expansion or large-scale projects, with potential rail access near Highway 10. This property represents a compelling investment opportunity in a rapidly growing area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mapleton
- County
- Cass
- State
- North Dakota
- Longitude
- -97.1376
- Latitude
- 46.8554
