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Property profile & analytics
FOR SALE
Commercial land

612 24Th St NW Mandan, ND 58554

Property ID
US56-0115699
Property summary
AI-generated overview

Prime commercial pad site immediately adjacent to the new $95 million Mandan High School that will be built for a capacity of 1400 students plus staff and faculty. These sites include premier visibility, efficient layouts with minimal to no special assessment costs and readily available utilities and infrastructure that will be stubbed to the property. Area businesses and notable sites nearby include Walmart, Starion Sports Complex, Subaru, Mandan Middle School, Marathon Petroleum with hundreds of new households proposed to the area along with new businesses. Notes: The site is currently under development as part of the new high school construction. Final property tax values and special assessments are pending but important to factor in that most of the special assessments will remain with the Seller; the engineers estimate for special assessments not assumed by the Buyer (as is typically the case in our market) is over $2.00/SF. This listing includes lots reduced in size from the existing plat. Buyers have the option to buy the larger parcels as currently platted for the same price per square foot otherwise a lot split will occur prior to the sale to create the lot being marketed under this listing.

Property profile
Verified
Property type Commercial land
UPID US56-0115699
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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