Property profile

324 6th SW Ave Stanley, ND 58784

OFF-MARKET
Commercial real estate
Property ID
US56-0093417
1.29 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 0.94-acre commercial property located at 324 SW 6th Ave., Stanley, ND, 58784, presents a unique investment opportunity. The property features a substantial 7,800 square foot building constructed in 2012 using a metal post-frame design. The building boasts ten (10) overhead doors, each measuring 12 feet by 14 feet, providing ample access for various commercial uses. The building's dimensions are approximately 50 feet by 156 feet, offering significant interior space. Heating is provided by a radiant gas system, ensuring efficient and comfortable climate control. The property also includes readily available water service. The expansive lot size of approximately 150 feet by 273 feet provides ample room for truck maneuvering and potential expansion. The asking price for this versatile property is $950,000. This property is zoned for commercial use and offers significant potential for a variety of businesses. Its strategic location in Stanley, North Dakota, within Mountrail County, presents a compelling opportunity for entrepreneurs and investors seeking a well-equipped and spacious commercial space. The property's features, including the numerous overhead doors and ample lot size, make it ideal for businesses requiring significant storage or vehicle access.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.29 ac (56,192 SF)
APN 61-0068400
UPID US56-0093417

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

324 6th SW Ave Stanley, ND 58784
Stanley metro Census 955200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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