Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    58Th St Williston, ND 58801
    Property profile & analytics

    58Th St, Williston, ND 58801

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

    Current Use by Public Records

    • Land

    Property Details for 0 58Th St

    Property type
    Land

    Description

    This exceptional 3.56-acre commercial land parcel presents a unique investment opportunity in the thriving city of Williston, North Dakota. Located within the established Missouri Ridge Commercial Park, this property offers convenient access to Highway 2, approximately 8 miles away, ensuring excellent visibility and accessibility for businesses. The parcel is identified by APN 46-155-01-28-06-102 and is zoned for commercial use, providing flexibility for a wide range of development possibilities. Utilities are readily available, with water and electric connections installable, simplifying the development process. The property is situated on Lot 2, 58th Street, Williston, ND 58801 (48.2611754, -103.6198605). This prime location within a well-established commercial park offers significant advantages for businesses seeking a strategic location in a growing area. The asking price for this exceptional opportunity is $142,399. Don't miss this chance to acquire a valuable piece of commercial real estate in a dynamic market. This property is ready for your vision and offers significant potential for future growth and return on investment. Act quickly, as opportunities like this are rare.

    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
    -103.62
    Latitude
    48.2612

    Comparable in this City

    • Value Estimation by Request

      B6 The Mdw Subdivision

      Land
      B6 The Mdw Subdivision, Williston, ND 58801
      View Details
    • Value Estimation by Request
      7.86 Acres

      8501 13Th Ave

      Land
      8501 13Th Ave, Williston, ND 58801
      View Details
    • Value Estimation by Request
      1.21 Acres

      7Th St

      Land
      0 7Th St, Williston, ND 58801
      View Details
    • Value Estimation by Request
      5.10 Acres

      Sherman Ln

      Land
      0 Sherman Ln, Williston, ND 58801
      View Details
    • Value Estimation by Request
      3.80 Acres

      22Nd Ave

      Land
      0 22Nd Ave, Williston, ND 58801
      View Details
    • Value Estimation by Request
      18.84 Acres

      3 Lots 5 & 6

      Land
      3 Lots 5 & 6, Williton, 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

      Land For Sale Williston

      Land available for sale in Williston, North Dakota.
      11th 11Th St W, 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

      Commercial Lot in Bakken Oilfield

      2.84AC commercial lot in Williston, North Dakota.
      410 32Nd Ave W, Williston, ND 58801
      View Details
    • Contact for pricing

      Heavy Industrial Land Available

      Over 30 acres of heavy industrial land for sale.
      Us-85, 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

      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
      2,437 SF

      1411 Dakota Pkwy

      Office Spaces
      1411 Dakota Pkwy, 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 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
    • 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
    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.
    58Th St
    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
    58Th St, 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!