3901 21St St, Mandan, ND 58554
This exceptional 174,700 square foot (4+ acre) commercial lot, located at 3901 21st St SE in Mandan, North Dakota (zip code 58554), presents a unique investment opportunity. Zoned CB, this property offers significant development potential for a variety of uses, including shop condos, retail spaces, educational facilities, group homes, and automotive businesses. Its strategic location within the Lakewood Development provides immediate access to established residential areas, schools, marinas, and existing commercial and multi-family properties. The surrounding area boasts a thriving community with amenities such as convenience stores, a gym/water park, and bars, ensuring high visibility and accessibility for any future development. While taxes and special assessments are currently incomplete, this prime location and flexible zoning make this a highly attractive investment. Note that provided pictures are conceptual representations of potential shop condos and retail storefronts. The property is classified as Class A and is part of a mixed-use, industrial, and retail development. This is one of the last commercially zoned lots available in the Lakewood Development, making it a truly rare opportunity.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.