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    5008 144M Ln Williston, ND 58801

    Sponsored
    For Sale
    $750,000

    Prime Williston commercial land, high-income area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9.78-acre commercial land parcel is strategically located in Williston, North Dakota, at 5008 144M Ln NW, 58801. Zoned for commercial use, this property presents a unique investment opportunity in Williams County, a top energy-producing county in the US. The asking price is $750,000, translating to $76,687 per acre. The site benefits from its excellent position along US Highway 2, boasting a daily traffic volume of 5,400 vehicles, ensuring high visibility and accessibility. Strong demographics within a 5-mile radius further enhance its appeal. This area supports a robust trade area with over 1,500 residents and 2,200 employees, contributing to an average household income exceeding $143,789. Williston, the sixth largest city in North Dakota, boasts a population of over 30,000 and demonstrates consistent population growth, making this property an ideal location for a variety of commercial ventures. The property's location within the Williston MSA (Metropolitan Statistical Area) provides access to a substantial consumer base and a thriving regional economy. This is a rare opportunity to acquire a significant commercial land parcel in a high-growth area with exceptional potential for future development.

    Property Features for 5008 144M Ln

    General Information

    Property type
    Land
    Lot Size
    426,017 SF

    HighLights

    • Commercial zoning.
    • Nationally top‑ranked oil and gas producer.
    • Excellent highway visibility on US Highway 2 (5,400 vehicles per day).
    • Strong demographics within a 5‑mile radius.
    • Located in the Williston MSA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Williston
    County
    Williams
    State
    North Dakota
    Longitude
    -103.80756
    Latitude
    48.141346

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    FAQs

    What type of property is this?
    Land - Prime Williston commercial land, high-income area.
    Where is this land located?
    The property is located at 5008 144M Ln Williston, ND.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Commercial zoning.; Nationally top-ranked oil and gas producer.; Excellent highway visibility on US Highway 2 (5,400 vehicles per day).
    Request Owner's contact information
    5008 144M Ln 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
    5008 144M Ln Williston, ND 58801
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