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Williston Industrial Facility For Sale

805 48th Ave W Williston, ND

805 48th Ave W, Williston, ND, 00000
Contact for pricing
For Sale
Contact for pricing

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
Listed by Kyle Ferderer
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 (±1% cap)
NOI $891,029 @ 7.0% cap · market cap 4.82%
Second Best
Industrial
$9.78M
$8.55M – $11.41M (±1% cap)
NOI $684,325 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$25.21M
$22.06M – $29.42M (±1% cap)
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

Suggested Use

Parking Lot & Garage Kitchen & Bath Showroom Electrical Service Dental Office Carpet & Flooring Store Food Market Bakery Catering Service (Bike/Boat/Book/etc) Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
(701) 660-3500 Call to check price and availability
More about this property
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