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Property profile & analytics
OFF-MARKET
Commercial real estate

108 12th Ave Nw1-2 Hazen, ND 58545-4104

17.22 ac lot
Entity Owned Free & Clear
Property ID
US56-0309986
Property summary
AI-generated overview

This exceptional commercial property in Hazen, North Dakota, presents a compelling investment opportunity. Located on a frontage road along Highway 200, this 16,624 square foot building sits on a generous 1.78-acre lot. Built in 1978, the structure is zoned for commercial use and offers significant adaptability. Currently configured as an auto shop and shopping center, the space allows for diverse uses, including the potential for subdivision into multiple units to create a mixed-use hub. The expansive square footage provides ample room for various business operations, warehousing, or customer-facing activities. The strategic location on a major thoroughfare ensures high visibility and consistent traffic flow, maximizing exposure for any business. The large lot size offers additional development potential, allowing for expansion, improved parking, or the addition of outdoor features. This property is priced at $775,000, with a price per square foot of $46.62. The property is owned by Mitchell Investments, LLC and is being offered for sale by owner. This is a rare chance to acquire a substantial commercial property in a growing area with significant upside potential. The property's versatility and prime location make it an ideal investment for both established businesses and entrepreneurs looking to establish a presence in Hazen and the surrounding communities. The address is 108 12th Ave NW, Hazen, ND 58545.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 17.22 ac (750,103 SF)
APN HH14486330201
UPID US56-0309986
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Legacy Builders Property LLC
Legacy Builders Property LLC
since 2025
5 recorded transactions
2025
Price N/A
2017
Price N/A
2012
Price N/A
2011
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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