23 Nd Parshall, ND 58770
This exceptional 14.24-acre parcel presents a remarkable mixed-use development opportunity in Parshall, North Dakota. Strategically located at the intersection of ND Highway 37 and ND Highway 23, this property boasts unparalleled visibility and accessibility. Zoned A-Agricultural, the land offers flexibility for a variety of commercial ventures. Existing utilities are conveniently installed along Highway 37 extending to Highway 23, simplifying infrastructure development. The property's prime location in the heart of the Bakken region provides easy access to a robust and growing population. Situated just one hour southwest of Minot and a convenient 40-minute drive from Highway 83, this location offers significant advantages for businesses seeking to capitalize on the area's economic activity. The asking price is $625,000, with a land value of $1.01 per square foot. The property's APN is 58-0059700, and it's situated in Mountrail County, zip code 58770. This is an exceptional investment opportunity for developers seeking a high-visibility location with established infrastructure in a thriving region. The property's size and zoning provide ample room for creative development plans, making it an ideal location for a variety of commercial uses.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.