1619 Us-83 Garrison, ND 58540
This exceptional opportunity presents a chance to acquire Hwy 83 Lawn & Leisure, a well-established business and its accompanying real estate. Located on 4.26 acres at 1619 US-83 in Garrison, North Dakota (zip code 58540), this mixed-use property boasts high visibility due to its prime location along Highway 83. The property includes two buildings totaling 31,200 square feet. The main building, at 21,600 square feet, features three oversized overhead doors (measuring 16x16, 16x16, and 14x28 feet), public restrooms, and ample paved parking. Climate control is ensured through electric and propane heating, central air conditioning, and a backup generator. Environmentally conscious features include solar panels and an off-site wind turbine, generating surplus electricity and reducing utility costs. A secondary building, spanning 9,600 square feet on 3.29 acres, provides additional heated storage space, currently used for inventory. The property is zoned C1 and was built in 2020. The business itself caters to a diverse customer base, offering a comprehensive range of products from farming and fishing supplies to home improvement items, snacks, and beverages, including small engine repair services. This turnkey operation presents a strong return on investment in an underserved market, combining a robust business model with a strategically located property. The sale includes both the business and the real estate. APN: 36 0007 04449 060. Asking price: $5,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.