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    2516 132C Ave Arnegard, ND 58835

    For Sale
    $750,000

    Prime Oilfield Location, 5,964 sq ft

    Property size:
    5,964 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property, located at 2516 132c Avenue NW in Arnegard, North Dakota, presents a unique investment opportunity within a thriving industrial subdivision. The main shop boasts 5,000 square feet of versatile space, ideally suited for various industrial uses. Two 14-foot drive-in doors provide convenient access for large equipment and vehicles. The property benefits from robust electrical infrastructure, including 220-volt and three-phase power. An attached 964-square-foot office space offers ample room for administrative functions. This area includes a reception area, two spacious offices, three bathrooms, a break room, and a dedicated file room. The entire complex is situated on a substantial 4.8-acre lot featuring a stabilized yard, ensuring ample space for operations and storage. Conveniently located on a fully paved road, accessibility is maximized. Adding to its value, the property includes an active well equipped with a brand-new pump installed in 2024. Rural water service is also available within the subdivision for connection if desired. Four existing trailer homes are situated on the property, offering additional potential uses or rental income. This property is ideally positioned to capitalize on the robust oil activity in the region. The combination of shop space, office amenities, and acreage makes this an attractive proposition for a wide range of businesses. Priced at $750,000.

    Property Features for 2516 132C Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,964 SF
    Lot Size
    209,088 SF

    Building Details

    Year Built
    2012
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Arnegard
    County
    McKenzie
    State
    North Dakota
    Longitude
    -103.415
    Latitude
    47.7854

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Oilfield Location, 5,964 sq ft
    Where is this commercial real estate located?
    The property is located at 2516 132C Ave Arnegard, ND.
    What is the asking price?
    The asking price for this property is $750,000.
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    2516 132C Ave Arnegard, ND 58835
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    Arnegard, ND 58835
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2516 132C Ave Arnegard, ND 58835
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