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Property profile & analytics
OFF-MARKET
Land

2305 11Th Ave Williston, ND 58801

80 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 80-acre land parcel presents a remarkable multifamily development opportunity in Williston, North Dakota. Situated within the established Fendee Estates neighborhood, this property boasts a total of 323 lots, meticulously planned for a diverse range of housing options. The layout includes 177 single-family home lots, 20 twin home lots, and 126 homes within 31 four-plex buildings. The site benefits from existing horizontal infrastructure, including water and sewer lines, ensuring a streamlined development process. Furthermore, an on-site wastewater treatment facility is already in place, eliminating a significant hurdle in project planning. Fendee Estates is the first and only gated community in Williston, offering residents enhanced security and exclusivity. The community features paved roads, parks, and playgrounds, adding to its appeal and livability. The property's strategic location near the new airport, Highway 2, and Highway 85 North provides excellent accessibility and connectivity. Phase I of this development saw the successful sale of over 250 lots within a single year (2014), demonstrating strong market demand and potential for rapid return on investment. This is a unique chance to capitalize on the thriving Williston real estate market and create a thriving residential community. The address is 2305 11th Ave W, Williston, ND 58801, Williams County.

Property profile
Verified
Property type Land
Lot 80 ac (3,484,800 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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