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Property profile & analytics
OFF-MARKET
Land

5606 2Nd Ave Williston, ND 58801

2.33 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 2.33 ac (101,495 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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