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Property profile & analytics
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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