603 Well StWilliston, ND 58801

  • Commercial real estate
  • 2.50 AC

Property Details for 603 Well St

Lot size
2.50 AC
Property type
Commercial real estate
APN
01-111-00-00-00-020
APU
1111000000020

Description

This exceptional investment opportunity presents a fully leased 12,500 square foot industrial flex building situated on a 2.5-acre lot in Williston, North Dakota. Constructed in 2014, this two-story building boasts a desirable blend of warehouse and office space. The warehouse area features four drive-through truck bays, a 16-foot overhead door, and a convenient loading dock, ensuring efficient operations. The building also includes 1,600 square feet of finished office space, ideal for administrative functions. Enhanced features include 28 thermal windows for energy efficiency, 3-phase power for robust equipment operation, and a comprehensive fire suppression system for safety. The building's attractive design incorporates an enclosed vestibule entrance with cultured stone facing. The property is zoned M-2 (Heavy Industrial) and is conveniently located near the Highway 2 & Highway 85 North Bypass in the Bakken Industrial Park, providing excellent access to major transportation routes. The property is part of a larger portfolio but can be sold separately. This is a rare opportunity to acquire a high-quality, fully leased industrial property in a thriving market. The APN is 01-025-00-00-04-030. The address is 603 Well St, Williston, ND 58801.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $29,781,646
    Hospitality
    $27,279,828
    Educational
    $22,696,496
    Medical
    $23,477,064
    Retail
    $35,305,660

Location Insight

City
Williston
County
Williams
State
North Dakota
Latitude
48.2309
Longitude
-103.613
CBSA code
48780
CBSA name
WILLISTON, ND MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,258
-
-
$706,775
-
-
-
$1,413,550

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