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    620 Elk St Alexander, ND 58831

    For Sale
    Contact for pricing

    6,000 SF Flex Space - Ideal Location

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 6,000 square foot industrial flex space, situated on a 0.241-acre lot in Alexander, North Dakota, presents a compelling investment opportunity. The single-story, 1950-built building is classified as Class C and features a single unit. Its convenient location offers easy access to major transportation routes, being less than three miles from Interstate 85. The property is also strategically positioned just 19 miles from Watford City and 29 miles from Williston, providing excellent connectivity to regional hubs. The property is zoned for commercial use, making it suitable for a variety of businesses, including office or light industrial operations. The parcel ID is 79-10-06700. This versatile space offers significant potential for businesses seeking a well-located and functional facility in a growing area of North Dakota. The property's single-building structure simplifies management and maintenance. With its ample square footage and convenient location, this property is well-suited for a range of commercial uses. Serious inquiries are encouraged to explore the possibilities this property offers. The property is available for sale or lease.

    Property Features for 620 Elk St

    General Information

    Property type
    Flex space
    Square Feet
    6,000 SF
    Class
    C
    Lot Size
    10,498 SF

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 6,000 SF flex industrial space for sale or lease.
    • Located on a 0.241‑acre lot in Alexander, ND.
    • Features one 6,000 SF building, built in 1950, with Commercial zoning.
    • APN: 79‑10‑06700.
    • Conveniently located less than 3 miles from I‑85, 19 miles from Watford City, and 29 miles from Williston.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Hotel & Motel Storage Facility HVAC Service Cafe & Coffee Shop Bar & Pub Tailor Shop Senior Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexander
    County
    McKenzie
    State
    North Dakota
    Longitude
    -103.6428856
    Latitude
    47.8422313

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    FAQs

    What type of property is this?
    Flex space - 6,000 SF Flex Space - Ideal Location
    Where is this flex space located?
    The property is located at 620 Elk St Alexander, ND.
    What are key features of this property?
    This property features: 6,000 SF flex industrial space for sale or lease.; Located on a 0.241-acre lot in Alexander, ND.; Features one 6,000 SF building, built in 1950, with Commercial zoning.
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    Alexander, ND 58831
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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
    620 Elk St Alexander, ND 58831
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