2113 4Th AveMandan, ND 58554

Property Details for 2113 4Th Ave

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional .99-acre commercial land parcel presents a unique investment opportunity, ideally situated adjacent to the new $95 million Mandan High School, designed for 1400 students and staff. Boasting premier visibility along a primary retail and commercial corridor (I-94) in rapidly growing North Mandan, this site offers efficient layouts with minimal to no special assessment costs. Readily available utilities and infrastructure are stubbed to the property, minimizing development hurdles. The area enjoys strong synergy with nearby businesses including Walmart, Starion Sports Complex, Subaru, and Mandan Middle School, further enhanced by the proximity of Marathon Petroleum and hundreds of planned new homes and businesses. Currently under development alongside the new high school construction, this lot is part of a larger parcel that can be purchased as platted or split prior to sale. While final property tax values and special assessments are pending, it's important to note that most special assessments will remain with the seller. Engineers estimate special assessments not assumed by the buyer to be over $2.00/SF. This listing reflects lots reduced in size from the existing plat. The asking price is $431,244, representing a land value of $10/SF for the 43,124 square foot lot. The property is zoned for commercial use and owned by Mandan Public Schools. The location offers unparalleled access to I-94 and benefits from the significant growth anticipated with the addition of approximately 782 residential units in five new subdivisions currently under development or recently approved in Mandan. This presents a compelling opportunity to capitalize on the substantial growth and increased traffic generated by the new high school and surrounding residential developments.

Location Insight

City

Mandan

County

Morton

State

North Dakota

Latitude

46.843

Longitude

-100.896

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