Financial
Distress signals
Property profile

404 2nd SE St Belfield, ND 58622

OFF-MARKET
Commercial land
Property ID
US56-0600844
5.81 ac lot
Last sale Nov 2023 · $82,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a developed 4-acre parcel in Belfield, North Dakota, with access to Interstate 94 and Highway 85. The site is used for heavy truck or equipment parking and functions as a materials transfer lot, and is configured to support a range of uses such as shop condo development, an industrial shop, or a personal shop building. The entire lot is fully capped with scoria. Zoning is designated as “200,” and the property includes an existing tenant arrangement with the potential for additional tenants.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$266
Tax billed · 2022
Assessed value · 2023$30k
Assessed land$30k
Effective rate0.89%

Value estimate

· Sep 2026
$85k
$77k – $94k
AI approach$55k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$106/SF
County average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$77 – $149

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSTARK

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.1
Wholesale Shop8.7
Plumbing Service8.7

Location

404 2nd SE St Belfield, ND 58622
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Belfield, ND 58622 $65,000 Sep 2024 No data
621 2nd NW, Belfield, ND 58622-7149 $290,000 Dec 2023 No data
Belfield, ND 58622 $15,000 Aug 2022 No data
Belfield, ND 58622 $435,600 May 2022 No data
203 5th SE, Belfield, ND 58622-7210 $236,000 Dec 2021 No data
405 3rd NW, Belfield, ND 58622-7152 $79,000 Jul 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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