9775 Industrial Dr, Horace, ND 58047
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.
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.