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    Mixed-use properties

    2947 133Rd Ave, Arnegard, ND 58835

    1,260 SF 5 ac lot Built 2013
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 2013
    Total area 1,260 SF
    Lot 5 ac (217,800 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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