Former Harley-Davidson on 10
For Sale
$6,500,000
Pending
6611 2nd Ave W, Williston, ND 58801
33,000 SF commercial space on 10 acres with highway frontage.
Property Size33,000 SF
Lot Size10.00 Acres
Days on Market483
Property Features for 6611 2nd Ave W
General Information
Standard status
Pending
Size
33,000 SF
Lot size
10.00 Acres
Taxes and HOA fees
Annual Taxes
$42,397
Listing Agency:
eXp Realty
(612) 751-9303
Listed By:
Lucas D Natwick · License #10666
(701) 580-0564
Source:
Exprealty
Added: Jul 7, 2025
Changed: Oct 25
Last Checked: Oct 30 at 3:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property, formerly Black Magic Harley-Davidson, features 33,000 square feet of space situated on 10 acres. It benefits from highway frontage, offering high visibility. Constructed with ICF (Insulated Concrete Form), the building provides energy efficiency and durability. Clear-span trusses allow for interior reconfiguration. This free-standing facility is suitable for retail, showroom, flex industrial, event space, or a dealership. The versatile layout and ample land provide adaptability for a wide range of uses. It presents a redevelopment opportunity for both owner-users and investors.
Key Highlights
- 33,000 SF building on 10 acres with highway frontage.
- Redevelopment opportunity with versatile layout for retail, showroom, flex industrial, event space, or dealership.
- ICF (Insulated Concrete Form) construction for superior energy efficiency and durability.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$318,669
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,373,380
$6.4M
Cap Rate 7%
$4,552,414
$4.6M
Cap Rate 9%
$3,540,767
$3.5M
Market Conditions
NOI Build-Up for 33,000 SF
Gross rent
$475.2K $14.40/SF
− Vacancy
−$20.0K −$0.60/SF
EGI
$455.2K $13.80/SF
− OpEx
−$136.6K −$4.14/SF
NOI
$318.7K $9.66/SF
Area
Williams County, ND
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,373,380
Cap Rate 7%
$4,552,414
Cap Rate 9%
$3,540,767
Alternative Uses
Best Use
Retail
$4.55M
$3.98M – $5.31M
NOI $318,669 @ 7.0% cap · market cap 4.90%
Second Best
Flex RnD
$4.55M
$3.98M – $5.31M
NOI $318,533 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$7.28M
$6.37M – $8.49M
NOI $509,414 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
Demographics for 58801, ND
34,921
Population
17,095
Households
2
Avg Household Size
31
Median Age
25%
College-Educated
91%
High-School Grad
716.1 sq mi
ZIP Area
49
Density / Sq Mi
$90,119
Median Household Income
$53,496
Median Earnings
$1,116
Median Rent
$279,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Retail property - 33,000 SF commercial space on 10 acres with highway frontage.
Where is this retail property located?
The property is located at 6611 2nd Ave W Williston, ND.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 33,000 SF building on 10 acres with highway frontage.; Redevelopment opportunity with versatile layout for retail, showroom, flex industrial, event space, or dealership.; ICF (Insulated Concrete Form) construction for superior energy efficiency and durability.
