north dakota commercial / residential projects in the bakken
DESCRIPTION
Three outstanding development projects for Builders and / or Investors in Bakken. These commercial, industrial and residential projects are superior in many ways and now priced for a bulk sale (by project) for an interested parties. All of the Epping Ranch project is ready for curb and gutter when the frost clears and homes can be vertical in 60 - 90 days from today (April). Please call for additional information, pictures and questions. Thanks, Mary DAcierno (866) 231-4769TRANSCRIPT
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OFFERING MEMORANDUM
Nordak Properties, LLC North Dakota projects
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Introduction
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OC Realty & Associates
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Resume of
Nordak Properties, LLC
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Click icon to add pictureClick icon to add picture
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+Epping Ranch
Project OverviewMapsPricing
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Epping RanchProject Overview
Epping Ranch
Overview: The Property is on 250 + acres. The land use plan is for single family homes, park land, multi-family housing, a mobile home park & industrial acreage nearby the city of Epping.
Location: Within an easy, 20 min. commute to Williston in Williams County, North Dakota just North of County Road 6 and West of 42 (Williams Hwy). Neighbors the Epping Colt Hub and the city of Epping. Legal Description: Sec12, Township 155N, Range 99W, 5th P.M. Utilities:Water RuralGas Montana Dakota UtilitiesElectricity Mountrail-Williams Electric Cooperative
Zoning: Residential, Industrial and Commercial
The Market: A major industry in the area is the Colt Hub, owned and operated by Inergy (purchased from Rangeland). The Colt Hub includes a crude oil rail terminal, storage, and pipeline and truck unloading. Nearby Attractions:Epping – Springbrook Dam – 8.5 miles west of Epping on County Hwy 6. Fishing for walleye, pike, perch & largemouth bass is possible with campgrounds maintained by Williams County. Lewis & Clark State Park is 18 miles south of Epping via Hwy 42 & 1804. The historic site of Fort Buford is 45 miles southwest of Epping.
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Epping Ranch Pricing*
Pricing includes• Final Plat
Type # Units / # Site Price per unit / site
Phase I Pricing
5,000 sq.ft. lots 84 $49,000
5,650 sq.ft. lots 22 $49,000
10,000 sq.ft. lots 43 $59,000
6 acre Multi-Family site
84 / 12-story design would yield 84 units
$1,344,000
Subtotal 233
Balance of Residential
581
Total Residential approved for all phases = 814Balance of sites can be delivered finished with slight price increases or priced for total sale.Does not include Industrial (priced separately)
Mobile Park 3 parcels $100,000 - $125,000 per acre (range pricing)
Industrial Lots $1.12 - $3.00 per sq. ft. (varies by size & location)
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+Tioga Springs
Project OverviewMapsPricing
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Tioga Springs Project Overview
Tioga Springs
Overview: The Property is on 150 acres. This is offered annexed with final plat ready to record. The land use plan is for single family homes, park land, a mobile home park & industrial and commercial acreage within the city limits of Tioga. Location: In Tioga, North Dakota just off highway 2 at 67th Street & County Road 21. This area has numerous oil & oil servicing companies, including Hess, Continental Resources, Murex Oil, Tervita, Power Fuels and Oasis. They are all major employer to the area in the industry of producing and processing oil and natural gas. Legal Description: Township 157 North, Range 95 West, 5th P.M.
NE 1/4, Less Sublot 1 Utilities:Water & Sewer City of Tioga Gas Montana Dakota UtilitiesElectricity Mountrail-Williams Electric Cooperative
Zoning: Residential, Industrial and Commercial Market: A 2 Billion dollar industry in North Dakota, the Bakken region ranks #2 in U.S. oil production. Economic and Population growth continues to be at the top of the national charts with the lowest unemployment rates. There is a critical need for residential permanent housing, commercial and industrial services for this area. Within a short distance of town there are 4,000 men/women in temporary housing, including Capital Lodge, Target Logistics & Wezniak facilities. This is not counting the temporary housing within the city of Tioga.
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Tioga Springs
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Tioga SpringsPricing*
3 Parcels, 18.53 Acres of Park Land• N/C
124 / 5,000 Sq. Ft. Lots @ $12,350. Per Lot• $1,531,400
178 / 6,000 Sq. Ft. Lots @$12,350. Per Lot • $2,198,300
88 Mobile Home Sites @ $12,350. Per Unit 14.8 Acres @ 6 Units to the Acre
• $1,086,800
10 Industrial Lots / 23.45 Acre @ $44,000 Per Acre• $1,031,800
4 Commercial Lots / 17.28 Acres @ $60,000 Per Acre• $1,036,800
Final Plat Ready to Record • $ 114,900
TOTAL PRICE $7,000,000
Pricing includes• Annexed with Final
Plat• Full City Services• No Improvements
Price Reduced $6,000,000
(total package price)
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19th Street PlazaProject OverviewMapsPricing
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19th Street PlazaProject Overview
Highway 2
County Road 19
19th Street Plaza
Overview: The Property is on 112 acres. There will be 18 parcels, 16 for commercial use, with the remainder for retention and open space. The parcels sizes range from 2.5 acre to a 16 acre site and are ideal locations for Hotels, Apartments & Destination Retail site.
Location: On the major route between Williston and Minot, this property is located on Highway 2 at County Road 19 (109thNW), 3 miles from Tioga and 4 miles from Ray in Williams County, North Dakota. See 1.5 hour driving radius demographic attached.
Legal Description: Section 8, Township 156N, Range 96W, 5th P.M.
Utilities: Water City water to the site through the Western Area Water Supply System (WAWS) & R & T Water SupplySewer Onsite waste water treatment systemGas Montana Dakota UtilitiesElectricity Mountrail Williams Electric Coop. Substation at the
corner of subject property.
Zoning: Commercial (C) Approved & Mapped.
Market: The Bakken region is #2 in U.S. Oil Production with a 2 Billion Dollar impact to North Dakota. Economic and population growth continues to be at the top of the national chart with the lowest unemployment nationally.
There is a critical need for retail services (and permanent housing) along this high traffic corridor
Within 1 mile there are 4,000 men/women in temporary housing, including Capital Lodge, Target Logistics & Wezniak facilities.
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PROPERTY SITE
Locations & map are estimates to scale
Miles 1.5 Driving Hours to the Property Site
3 Tioga
4 Ray
25 Epping
28 Stanley
38 Williston
44 Crosby
51 Trenton
53 New Town
68 Grenora
62 Culbertson
65 Fairview; Alexander
69 Bainville
72 Burlington
76 Arnegard
80 Watford City
83 Minot
92 Sidney, MT
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19th Street Plaza
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19th Street Plaza
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19th StreetPricing*
Purchase or Ground Lease
Purchase Priced at $2.00 - $6.00 per sq. ft.
Ground Lease 10, 15, 25 or 35 acres fronting Hwy Price based on same value as purchase at
8%
Both Purchase or Lease are complete Finished building site All utility services Paved Street access Signalized intersection (CR19/Hwy2)
TOTAL PACKAGE PRICE = $1,680,000* *(must purchase total project) Site unimproved Preliminary plat
* Pricing determined by location & contract specifications
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+Destination RetailConceptual Plan19th Street Plaza
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19th Street Plaza Destination Retail Center
_Conceptual Plan –For Outlet, Entertainment, Offices & Hotel
To be built in two (2) phases
ACREAGE SQUARE FOOTAGE (NET
LEASABLE)
TYPE PARCEL NUMBER
DESCRIPTION
56 acres 180,000 Retail Outlet Center
9*, 12, 14, 15 Phase 1 – 31 acres – 100k leasable
1,6,9* Phase II – 25 acres – 80k leasable
*5 – 1 available parking in both phases
10 acres 40,000100 unit
OfficeHotel
13 Ground level 3 story w/apt above
10 acres 120,000 Warehouse 7 & 10
4 acres 140 unit Hotel 16 Ext. Stay
10 acres 60,000 Retail 2, 3, 4 & 5 Pads for bank, restaurant, auto parts,
etc.
10 acres 50,000 Cineplex 8 & 11 Pads for Showroom window (includes carpet
& furniture)
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Contacts
Ron Rauch (701) 580-2322 ND Broker #8745 [email protected]
Mary D’Acierno (866) 231-4769 ND Broker #8668 [email protected]
Chris Stamos (701) 580-2146 CA Agent #00759522 [email protected]
OC Realty & Associates634 E. Broadway, 1076Williston, ND. 58801
ocrealtyassociates.com
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DisclaimerPrices are subject to availability and change without notice. Any quoted prices are for informational and estimating purposes only and the final price will be set when a Sales Contract is signed. Acreage for a particular product may vary depending on availability. .Measurements, i.e. acreage, parcel size, square footage, where listed are approximate and may vary as the finished lot nears completion.
Offers, incentives, and seller contributions are subject to certain terms, conditions, and restrictions that may include designated lenders and closing agents. OC Realty & Associates reserves the right to change or withdraw any public offering at any time. This is not an offering where prohibited by law.