404 2nd SE St, Belfield, ND 58622
This exceptional 6.79-acre commercial land parcel, located at 404 2nd Street SE in Belfield, North Dakota, presents a compelling investment opportunity. Zoned for parks and recreation, this property is ideally suited for development as an RV park, capitalizing on its existing infrastructure. The site boasts city hookups for water, sewer, and power, significantly reducing development costs and accelerating the potential for immediate revenue generation. Situated in an established neighborhood within Stark County, this location offers convenient access to local amenities and services. The asking price for this strategically located property is $280,000. The 6.79-acre lot provides ample space for a substantial RV park development, offering numerous potential revenue streams. Given its existing infrastructure and prime location, this property represents a rare opportunity for investors seeking a high-return, low-risk venture in a thriving North Dakota community. The property's zoning specifically permits parks and recreation uses, ensuring a straightforward development process. With its established neighborhood setting and readily available utilities, this land parcel is poised for immediate development and offers significant long-term growth potential. The zip code for this property is 58622.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.