620 Elk St Alexander, ND 58831
This 6,000 square foot industrial flex space, situated on a 0.241-acre lot in Alexander, North Dakota, presents a compelling investment opportunity. The single-story, 1950-built building is classified as Class C and features a single unit. Its convenient location offers easy access to major transportation routes, being less than three miles from Interstate 85. The property is also strategically positioned just 19 miles from Watford City and 29 miles from Williston, providing excellent connectivity to regional hubs. The property is zoned for commercial use, making it suitable for a variety of businesses, including office or light industrial operations. The parcel ID is 79-10-06700. This versatile space offers significant potential for businesses seeking a well-located and functional facility in a growing area of North Dakota. The property's single-building structure simplifies management and maintenance. With its ample square footage and convenient location, this property is well-suited for a range of commercial uses. Serious inquiries are encouraged to explore the possibilities this property offers. The property is available for sale or lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.