Property profile

0 Rural Address - 2.5 Ac Mapleton, ND 58059

OFF-MARKET
Land
2.7 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 2.7 ac (117,612 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Rural Address - 2.5 Ac Mapleton, ND 58059
Mapleton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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