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Property profile & analytics
OFF-MARKET
Warehouses

83 Carter St Underwood, ND 58576

10,528 SF 1.87 ac lot Built 2015
Property ID
Property summary
AI-generated overview

This exceptional Class A industrial warehouse, located at 83 Carter St, Underwood, ND 58576, presents a compelling investment opportunity. Boasting a total area of 10,528 square feet, this single-tenant property sits on a generous 1.87-acre lot and offers a blend of functional workspace and comfortable office amenities. The warehouse features two drive-through bays with full-length floor drains, four 14' x 14' overhead doors, and impressive ceiling heights ranging from 19'6" to 22'. The expansive shop area of 8,400 square feet provides ample space for operations, complemented by a well-appointed 2,128 square foot office space. Office features include a reception area, four private offices, a conference room, kitchen, two bathrooms, one shower, and a mechanical room. Built-in cabinets and hard-surfaced countertops enhance the office's functionality and aesthetic appeal. The property benefits from a large graveled lot, providing ample room for maneuvering and storage. The 2023 property taxes totaled $11,333.89, with special assessments adding $1344.24 and a balance of $9206.21. This meticulously maintained 2015-built structure offers a rare combination of size, functionality, and location, making it an ideal acquisition for discerning investors seeking a high-quality industrial asset in a desirable market.

Property profile
Verified
Property type Warehouses
Year built 2015
Total area 10,528 SF
Lot 1.87 ac (81,457 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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CAP Approach CAP
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Comparable Approach Comparable
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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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