440 Horsch Anderson Ave Mapleton, ND 58059
- Commercial land
Current Use by Public Records
- Commercial land
Property Details for 440 Horsch Anderson Ave
- Property type
- Commercial land
- APN
- 18-0530-00040-000
- APU
- 18053000040000
Description
This exceptional 3.16-acre industrial land parcel, located at 440 Horsch Anderson Ave in Mapleton, North Dakota (zip code 58059), presents a compelling investment opportunity. Situated in the Mapleton I-94 Development Park - Lot 4 Block 1, this property boasts convenient access to Interstate 94, placing it just minutes west of Fargo and West Fargo. The lot size is 137,780 square feet, and the asking price is $310,005, translating to a land value of $2.25 per square foot. The property is zoned for industrial use (I) and is located on a newly constructed 80,000 lb. concrete road. A significant advantage is its location outside the 500-year floodplain, minimizing the need for extensive fill. Furthermore, many lots within this development park are situated within a Tax Increment Financing (TIF) district, offering potential tax benefits to buyers who secure TIF approval from the city of Mapleton. This could further reduce already low assessed special assessments. The development park also benefits from over 100 acres of unplatted land available for future expansion, catering to large-scale users and potentially offering rail access near Highway 10. This prime location offers superior accessibility and visibility at a significantly lower cost than comparable land within the Fargo-Moorhead metro area. This presents a rare opportunity to acquire a well-situated industrial lot with significant potential for growth and development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mapleton
- County
- Cass
- State
- North Dakota
- Longitude
- -97.0419
- Latitude
- 46.8823
- CBSA code
- 22020
- CBSA name
- FARGO, ND-MN METROPOLITAN STATISTICAL AREA
