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Property profile & analytics
OFF-MARKET
Commercial real estate

620 Elk St Alexander, ND 58831

Individually Owned Absentee Owner Free & Clear
Property ID
US56-0479883
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 79-10-06700
UPID US56-0479883
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
SANJEEV KAPOOR
SANJEEV KAPOOR
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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