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    OFF-MARKET
    Office Spaces

    9775 Industrial Dr, Horace, ND 58047

    5,861 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional two-story executive office building, located at 9775 Industrial Dr, Horace, ND 58047 (APN 15-0950-00060-000), presents a rare investment opportunity. The 5,861 square foot property boasts a desirable location and is currently 100% occupied. The building's well-appointed interior features multiple conference rooms, dedicated lab space, and ample open work areas. The main floor includes two restrooms, while the second floor offers four private offices, additional open workspace, a conference room, and another restroom. Three of the current tenants intend to remain after the sale, providing immediate and consistent income. One tenant plans to vacate following the sale, presenting an opportunity for owner-occupancy or leasing to a new tenant. This meticulously finished office condo is situated in the highly sought-after Horace, North Dakota market. The asking price for this turnkey investment is $1,600,000. This property offers a compelling blend of immediate income generation and future growth potential. Don't miss this chance to acquire a high-quality commercial property in a thriving community.

    Property profile
    Verified
    Property type Office Spaces
    Total area 5,861 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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