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    109 Railroad Ave Hazen, ND 58545

    For Sale
    $140,000

    Versatile building, large lot, many uses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 0.59-acre property located at 109 Railroad Avenue SE in Hazen, North Dakota, presents a unique investment opportunity for both commercial and personal ventures. The expansive 40 x 64 foot building boasts 14-foot sidewalls, providing ample vertical space for a variety of uses. A substantial 20 x 12 overhead door, complemented by a convenient side access door, ensures easy access for large equipment or vehicles. The building is equipped with electricity, offering immediate functionality. The property's zoning allows for multiple potential uses

    Property Features for 109 Railroad Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    25,700 SF

    Building Details

    Year Built
    2015
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hazen
    County
    Mercer
    State
    North Dakota
    Longitude
    -101.62
    Latitude
    47.29466

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile building, large lot, many uses.
    Where is this commercial real estate located?
    The property is located at 109 Railroad Ave Hazen, ND.
    What is the asking price?
    The asking price for this property is $140,000.
    Request Owner's contact information
    109 Railroad Ave Hazen, ND 58545
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    Hazen, ND 58545
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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
    109 Railroad Ave Hazen, ND 58545
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