Property profile

1625 Burdick Expy Minot, ND 58701

OFF-MARKET
Warehouses
160,896 SF 22.33 ac lot Built 1957
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Property summary

AI-generated overview

This exceptional industrial property in Minot, North Dakota, presents a compelling investment opportunity. The 160,896-square-foot warehouse, built in 1957 and renovated in 1982, sits on a substantial 22.33-acre lot, with an additional 9.64 acres available for expansion or trailer parking. The property features a desirable tri-temperature configuration, including 55,840 square feet of cooler/freezer-capable space, perfectly suited for various distribution needs. Nineteen loading docks facilitate efficient operations. The building also boasts 7,000 square feet of office space, complete with conference rooms and break rooms, enhancing functionality and employee comfort. Modern amenities include fire sprinklers, T8 sensor lighting, and ample parking. The property is zoned M1, allowing for manufacturing, warehousing, or climate-controlled storage. Power capabilities include 277/480V, three-phase, and 120/240V power, with step-down transformers for voltage reduction. The asking price is $4,500,000. The property is available for lease as a single tenant or can be subdivided for multi-tenant use with the addition of demising walls. Contact us for lease pricing details. This prime location and versatile features make this an ideal investment for industrial and manufacturing ventures seeking a strategic presence in the Minot area.

Property profile

Verified
Property type Warehouses
Year built 1957
Total area 160,896 SF
Lot 22.33 ac (972,695 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1625 Burdick Expy Minot, ND 58701
Minot metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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