3613 Memorial Hwy, Mandan, ND 58554
For Lease
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This exceptional investment opportunity encompasses a substantial 2.88-acre parcel situated on Memorial Highway in Mandan, North Dakota. The property boasts approximately 275 feet of prime highway frontage, representing the largest contiguous land holding currently available on this key thoroughfare. The assemblage includes five buildings totaling roughly 21,000 square feet of flex space, currently housing four tenants and generating rental income. The buildings feature desirable amenities such as overhead doors, hot and cold water, bathrooms, and floor drains. The property is zoned for Commercial/Agricultural use, offering considerable versatility. The two parcels, identified by APNs 65-4475502 and 65-4475504, are being sold together. 2023 property taxes for 65-4475502 totaled $12,097.91, and for 65-4475504, $9,074.14. The buyer is responsible for determining the extent of any floodplain impact. This is a rare opportunity to acquire a significant commercial property with substantial highway visibility and existing rental income in a growing North Dakota market. The property's size and location make it ideal for a variety of uses, from expansion of existing businesses to development of new ventures. Serious inquiries only.
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
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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.