Williston Industrial Facility For
805 48th Ave W Williston, ND
805 48th Ave W, Williston, ND, 00000
Contact for pricing
For Sale
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114,340 SF industrial facility with cranes and ample paving.
Property Size114,340 SF
Lot Size12.03 Acres
Price / SF$161.80
Days on Market441
Property Features for 805 48th Ave W
General Information
- Standard status
- Active
- Size
- 114,340 SF
- Lot size
- 12.03 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 805 48th Ave W Contact us
Listing Agency
CBRE | Fargo
(701) 660-3500
Listed by
Kyle Ferderer
(612) 709-7950
Source
Moodyscre
Added: May 6, 2025 Checked: Jul 19 at 4:59 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Fargo
Investment Insights
Based on property information with market context.
This 114,340 square foot industrial facility is located within Williston city limits. The property features a passenger elevator and marble floors in the office area. A cafeteria with a commercial kitchen and employee locker rooms are also present. The fenced-in yard includes 5.5 acres of exterior concrete paving and has two points for entering and exiting the property. The facility is equipped with fourteen cranes, including twelve 2-ton cranes, two 5-ton cranes, and one 1-ton jib crane. The building is fully sprinkled.
Key Highlights
- Fourteen cranes (twelve 2‑ton and two 5‑ton) and one 1‑ton jib crane
- Fenced‑in yard with 5.5 acres of exterior concrete paving
- Cafeteria with commercial kitchen
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.10M | $9.60 |
| − Vacancy | −$49.4k | −$0.43 |
| EGI | $1.05M | $9.17 |
| − OpEx | −$157.2k | −$1.38 |
| NOI | $891.0k | $7.79 |
114,340 SF · lease $9.60/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$12.73M
$11.14M – $14.85M
NOI $891,029 @ 7.0% cap · market cap 4.82%
Second Best
Industrial
$9.78M
$8.55M – $11.41M
NOI $684,325 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$25.21M
$22.06M – $29.42M
NOI $1,765,044 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - 114,340 SF industrial facility with cranes and ample paving.
Where is this manufacturing property located?
The property is located at 805 48th Ave W Williston, ND.
What is the asking price?
The asking price for this property is $18,500,000.
What are key features of this property?
This property features: Fourteen cranes (twelve 2‑ton and two 5‑ton) and one 1‑ton jib crane; Fenced‑in yard with **5.5 acres of exterior concrete paving**; Cafeteria with commercial kitchen