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31st St NW
Mandan, ND 58554
Asking Price
$4.57M
Asset Type
Commercial Land
Class
Class B
What's Special
NW Mandan Development Land <p><span style="color: rgba(35, 31, 32, 1)">• Annexed into the City of Mandan in 2013</span></p><p><span style="color: rgba(35, 31, 32, 1)">• Current Zoning: AG – Agricultural</span></p><p><span style="color: rgba(35, 31, 32, 1)">• Future Land Use: Commercial</span></p><p><span style="color: rgba(35, 31, 32, 1)">• Off I94 Exit 152 near Mandan High Schook, Mandan Middle School, Starion Sports Complex, Comfort Inn, Baymont Inn, Bennigan’s, Arby’s, Walmart, BNC Bank, Kramer Subaru, and more!</span>
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NOI
$80,000
Cap Rate
1.75%
DSCR
0.29
Underwater
Cash-on-Cash
-13.96%
Monthly Payment
$22,628.667
Annual Cash Flow
$-191,544.002
