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Property profile & analytics
OFF-MARKET
Office Spaces

8307 Highway 2 Devils Lake, ND 58301

1 ac lot
Property ID
Property summary
AI-generated overview

This prime commercial property, located at 8307 Highway 2 in Devils Lake, North Dakota, presents a unique investment opportunity. The 4,072 square foot building offers exceptional flexibility, easily divisible into two separate units, each complete with its own bathroom. This configuration allows for multiple revenue streams or the potential for owner-occupancy with rental income. The shop features modern amenities designed to enhance functionality and appeal to a wide range of tenants. These include efficient floor heating throughout, a conveniently located small finished office space ideal for administrative tasks, and oversized garage doors capable of accommodating large equipment or vehicles. The property sits on one acre of land, providing ample space for parking, storage, or future expansion. Its strategic location directly off Highway 2 ensures high visibility and easy access for customers and employees. This property is perfectly suited for investors seeking a strong return or business owners looking for a well-equipped and strategically positioned commercial space in a growing area. The asking price is $379,000. This is a rare opportunity to acquire a versatile and well-maintained commercial property in a desirable location. Don't miss out!

Property profile
Verified
Property type Office Spaces
Lot 1 ac (43,560 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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