Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Williston, ND 58801
    Back to Search
    Property profile & analytics

    , Williston, ND 58801

    View on Map
    • Land
    • 10.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details

    Lot size
    10.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 10-acre parcel is located in the established Three Forks Industrial Subdivision, just west of Williston, North Dakota, in Williams County (zip code 58801). The property boasts Heavy Industrial and Commercial zoning, making it ideal for a variety of industrial uses. Utilities are readily available, including rural water and three-phase power, ensuring seamless development. Well-maintained roads provide convenient access, and the site offers the advantage of connection to a nearby wastewater treatment facility. This location presents a significant opportunity for businesses seeking a strategic location in a thriving industrial area. The land is priced at $15,000 per acre, reflecting its prime location and readily available infrastructure. The property's proximity to Williston offers access to a robust workforce and established support services. This is a turnkey opportunity for immediate development, eliminating the need for extensive upfront infrastructure investment. Buyers will appreciate the convenience of readily available utilities and the strategic location within a well-established industrial subdivision. The asking price for the entire 10-acre parcel is $150,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Williston
    County
    Williams
    State
    North Dakota
    Longitude
    -103.618
    Latitude
    48.147

    Comparable in this City

    • Value Estimation by Request
      15.00 Acres

      48th Nw & Hwy

      Land
      48th Nw & Hwy, Williston, ND 58801
      View Details
    • Value Estimation by Request
      1.00 Acre

      2 Us Hwy

      Retirement homes
      2 Us Hwy, Williston, ND 58801
      View Details
    • Value Estimation by Request
      1.00 Acre

      1598 58Th St

      Land
      1598 58Th St, Williston, ND 58801
      View Details
    • Value Estimation by Request
      1.60 Acres

      Us-85

      Land
      0 Us-85, Williston, ND 58801
      View Details
    • Value Estimation by Request

      Hamilton Ln

      Land
      0 Hamilton Ln, Williston, ND 58801
      View Details
    • Value Estimation by Request
      3.59 Acres

      Bassett Ln

      Land
      0 Bassett Ln, Williston, ND 58801
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Prepared Land Parcel For Sale

      10+ acre land parcel with utilities in place.
      14775 Highway 2, Williston, ND 58801
      View Details
    • $60,000
      1.00 Acre

      Vacant Land in Williston, ND

      Vacant land requiring septic and water installation in Williston, ND.
      Tbd Hawthorn Loop NW, Williston, ND 58801
      View Details
    • Contact for pricing

      Former Baker Hughes Facility

      Institutional-quality industrial facility in Williston, ND, built in 2013.
      805 48 Ave W, Williston, ND 58801
      View Details
    • Contact for pricing
      7,440 SF

      Industrial Property For Sale

      7,440 SqFt industrial property available for purchase.
      5624 Rooster Ln, Williston, ND 58801
      View Details
    • Contact for pricing

      Land For Sale or Lease

      Land available for sale or lease in Williston, ND.
      Highway 2, Williston, ND 58801
      View Details
    • Contact for pricing

      Land For Sale Williston

      Land available for sale in Williston, North Dakota.
      11th 11Th St W, Williston, ND 58801
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Williston, ND Commercial Land

      38.6 Acres, Prime Location, Ready to Develop
      13589 57Th St, Williston, ND 58801
      View Details
    • Contact for pricing

      Industrial Single Tenant Space

      Industrial single tenant property available for lease.
      1713 44Th St W, Williston, ND 58801
      View Details
    • Contact for pricing

      Williston Industrial Campus For Rent

      Turn-key industrial operations available at a discount.
      611 37 Ave SE, Williston, ND 58801
      View Details
    • $14 SF/Yr
      114,340 SF

      Williston Industrial Facility For Lease

      Turn-key industrial facility in the Bakken Shale Formation epicenter.
      805 48 Ave West, Williston, ND 58801
      View Details
    • Contact for pricing

      Land Available For Lease

      Land available for lease at 48th Street NW & HWY 1804.
      48th Nw & Hwy 1804, Williston, ND 58801
      View Details
    • Contact for pricing

      Williston Shop with Fenced Yard

      5,000 SF shop with office and 2.7-acre fenced yard.
      4506 Dakota Pkwy W, Williston, ND 58801
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Williston, ND 58801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Williston, ND, 58801
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!