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Property profile & analytics
OFF-MARKET
Commercial real estate

405 Hwy 49th S Beulah, ND 58523-6732

1 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US56-0405453
Property summary
AI-generated overview

This exceptional commercial property, situated on a highly visible section of Highway 49 in Beulah, North Dakota, presents a fantastic investment or business opportunity. The 2,724 square foot building, constructed in the 1960s, sits on a one-acre lot, offering ample space and high visibility for a diverse range of businesses. The property boasts a versatile layout, including a substantial shop area featuring a 400 square foot cold storage space and a heated 612 square foot workshop complete with an air compressor. Conveniently located within the shop are two 35-amp camper hookups and 220V power for welding equipment. The interior comprises approximately 2,038 square feet, offering up to four separate office spaces, a central breakroom equipped with a range and refrigerator, and a dedicated reception area. The property benefits from dual heating systems (propane and electric), city water, a septic system, and a 1,000-gallon propane tank. Its prime location on a major state highway ensures excellent accessibility and high traffic exposure, making it an ideal location for a variety of commercial ventures. Please note that boundary lines depicted on any associated maps are approximate and not based on a formal survey. This property is priced at $260,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1 ac (43,560 SF)
APN 27144880026803
UPID US56-0405453
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
Desirae L Engel · 2 yrs held
Desirae L Engel
since 2023
Last sale
$41,000
3 recorded transactions
2023
Price N/A
2020
$41,000
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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