2947 133Rd Ave, Arnegard, ND 58835
This exceptional 5-acre mixed-use development site in Arnegard, North Dakota, presents a unique investment opportunity. The property, totaling 1,260 square feet, boasts a 2013-built infrastructure already in place, significantly reducing development costs. This includes five grandfathered employee manufactured homes, each a 2-bedroom, 1-bathroom unit (252 sq ft each), complete with appliances. The property also features a well with filtration and pressure maintenance, all underground water lines (8-9 feet deep), and two septic systems (one fully permitted and operational). Power is supplied via a transformer and 800-amp distribution box with extensive 4-0000 cabling. Fiber optic cabling is installed for phone, internet, and TV access. The site offers front and rear entrances, with a separate entrance for the employee housing. Comprehensive plans are included for a 5,000 square foot shop, originally designed to accommodate twelve manufactured homes in addition to the workshop. The existing infrastructure and included plans provide a solid foundation for immediate development, making this a highly attractive proposition for investors seeking a turnkey project in a prime location. The property's address is 2947 133rd F. Ave NW, Arnegard, ND 58835.
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
Physical attributes from public recordsZoning & alternative use
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.