520 Old Red Trl Mandan, ND 58554
This exceptional 5.53-acre commercial land parcel in Mandan, North Dakota, presents a remarkable investment opportunity. Located at 520 Old Red Trail (APN 65-6140050), this property boasts 561 feet of frontage along Old Red Trail, ensuring excellent visibility and accessibility. The land comprises three contiguous lots, offering flexibility for development. Its strategic location places it adjacent to the new Mandan High School to the north and a Subaru dealership to the west, and just three blocks from the Mandan Walmart. The south-facing exposure maximizes sunlight and visibility from Interstate 94, a major transportation artery. The property is zoned CC-Commercial District with restrictions (no self-storage or multi-use shops). Utilities are readily available, with power on-site and water and sewer connections accessible. Potential buyers are responsible for verifying available utilities, easements, pending special assessments, taxes, any Mandan City Development Agreements, and zoning regulations. The asking price for this highly desirable commercial land is $2,408,860. This is a rare opportunity to acquire a significant commercial property in a rapidly growing area.
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
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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.