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    5606 2Nd Ave Williston, ND 58801

    For Sale
    $607,000

    Prime Williston location, 2.33 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 2.33-acre commercial land parcel, located at 5606 2nd Avenue West in Williston, North Dakota, presents a remarkable investment opportunity. Priced at $607,000, this property boasts a highly visible location on one of Williston's busiest thoroughfares, ensuring significant exposure for any commercial venture. Its strategic positioning near established businesses such as Holiday Gas Station, Gooseneck Implements, and the UPS Store guarantees high traffic volume and convenient access for customers. The property's proximity to the Williston Basin Airport further enhances its appeal. Zoned for commercial use, this land is ideally suited for a diverse range of developments, including lodging, retail, or restaurants. Utilities are readily available on-site. The parcel's location within the heart of the Bakken oilfield, a region experiencing sustained economic growth in oil and gas, as well as in hospitality and entertainment, makes this a particularly attractive investment. Williston's population has doubled since the 2010 oil boom, indicating a robust and expanding market. Multiple financing options are available to facilitate a smooth acquisition process. This is a rare opportunity to secure a prime commercial property in a thriving North Dakota city. The APN is 01-309-00-00-02-045.

    Property Features for 5606 2Nd Ave

    General Information

    Property type
    Land
    Lot Size
    101,495 SF

    HighLights

    • $607,000 asking price for 2.33 acres of commercially zoned land.
    • High‑visibility location on a major Williston thoroughfare.
    • Proximity to established businesses including a gas station, equipment supplier, and UPS Store.
    • Easy access and close proximity to Williston Basin Airport.
    • Suitable for various commercial uses, such as lodging, retail, or restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Williston
    County
    Williams
    State
    North Dakota
    Longitude
    -103.6240978717
    Latitude
    48.196392261416

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    FAQs

    What type of property is this?
    Land - Prime Williston location, 2.33 acres.
    Where is this land located?
    The property is located at 5606 2Nd Ave Williston, ND.
    What is the asking price?
    The asking price for this property is $607,000.
    What are key features of this property?
    This property features: $607,000 asking price for 2.33 acres of commercially zoned land.; High-visibility location on a major Williston thoroughfare.; Proximity to established businesses including a gas station, equipment supplier, and UPS Store.
    Request Owner's contact information
    5606 2Nd Ave Williston, ND 58801
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    Williston, ND 58801
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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
    5606 2Nd Ave Williston, ND 58801
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