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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1424 Us-2 Devils Lake, ND 58301

1.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.3-acre retail property, located at 1424 US-2 in Devils Lake, North Dakota (zip code 58301), presents a unique investment opportunity. The property is situated on a highly visible and accessible location along US-2, benefiting from significant traffic volume. Its classification as a grocery store pad offers immediate potential for a variety of retail uses, particularly those synergistic with the adjacent Walmart. The substantial lot size provides ample space for development and expansion, catering to the needs of a growing business. The property's location within Ramsey County, North Dakota, offers access to a thriving community and a strong consumer base. The geographic coordinates are 48.0979431 latitude and -98.8418636 longitude, providing precise location data for potential buyers. This Walmart-anchored pad offers a compelling combination of location, size, and potential, making it an attractive proposition for investors seeking a strong return on investment in a stable market. The property's existing infrastructure and convenient access to major transportation routes further enhance its appeal. This is a rare opportunity to acquire a prime retail location in a desirable area with significant growth potential. The property is ready for immediate development or lease, presenting a flexible investment option for discerning buyers.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.3 ac (56,628 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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