2113 4Th Ave Mandan, ND 58554
This exceptional 0.99-acre commercial land parcel presents a unique investment opportunity in Mandan, North Dakota. Located at 2113 4th Ave NW, 58554, this property boasts unparalleled visibility along I-94, a major retail and commercial corridor. Priced at $517,492.80 ($12/SF), it's situated directly adjacent to the new $95 million Mandan High School, designed for approximately 1,400 students and staff. This proximity ensures high traffic and significant synergy with the school and surrounding community. The site benefits from efficient lot sizing, completed roadways, and readily available utilities and infrastructure, minimizing or eliminating special assessments. The area is experiencing substantial growth, with several new residential subdivisions planned or under construction, adding hundreds of new homes and increasing demand for commercial services. Nearby amenities include the Starion Sports Complex, Walmart, and other established businesses. While final property tax values and special assessments are pending, the seller will absorb most of the special assessments, with an estimated cost of over $2.00/SF for any remaining assessments. The lot is currently under development as part of the high school project. The listed lot size is reduced from the original plat; buyers can purchase the larger parcel at the same price per square foot, or a lot split will be completed before closing. This is a rare opportunity to capitalize on the significant growth and development occurring in this thriving area of Mandan.
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.