Functional Shop on Stabilized Acres

5083 146th NW Avenue, Williston, ND 58801

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For Sale

$1,900,000

High-quality shop with offices on 15 acres for sale.

Type:Commercial/Industrial

Property size:

13,928 SF

Lot size:

15.85 Acres

Price / SF:

$136/SF

HighLights

14,000 SQ FT high‑end shop with offices on 15 stabilized acres.
High‑quality construction with high clearance ceilings and wash area.
4,480 Sq Ft of office space including 10 private offices, two conference rooms, training room, and break room/lounge.
Three drive‑through bays and one drive‑in bay with 80' depth.
Benefit from the 20' Ceiling Height.
Built in 2013.

We can help!

Listing Contact

Erik C Peterson

For Sale

$1,900,000

High-quality shop with offices on 15 acres for sale.

Type:Commercial/Industrial

Property size:

13,928 SF

Lot size:

15.85 Acres

Price / SF:

$136/SF

Added:: Apr 17, 2024
Days on Market:: 787
Last Refresh:: May 19 at 8:54 pm

Property Features for 5083 146th NW Avenue

General Information

Standard status: Active
Size: 13,928 SF
Lot size: 15.85 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 2013

We can help!

Listing Contact

Erik C Peterson

Listing agent Erik C Peterson

Listing office eXp Realty

Listing date Apr 17, 2024

Source Exitrealty

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 eXp Realty

HighLights

14,000 SQ FT high‑end shop with offices on 15 stabilized acres.
High‑quality construction with high clearance ceilings and wash area.
4,480 Sq Ft of office space including 10 private offices, two conference rooms, training room, and break room/lounge.
Three drive‑through bays and one drive‑in bay with 80' depth.
Benefit from the 20' Ceiling Height.
Built in 2013.

Overview

This property features a functional, high-end shop encompassing approximately 14,000 square feet, situated on 15 stabilized acres. The structure boasts high-quality construction, incorporating office spaces, high-clearance ceilings, and a wash area. The shop footprint measures 144 feet by 80 feet, totaling 11,520 square feet. An additional 2,240 square feet is dedicated to a second-level office, complemented by a 168-square-foot vestibule, bringing the total square footage to 13,928. The office area spans 4,480 square feet, including 10 private offices, two conference rooms, a training room, a break room/lounge, a dispatch office, and a reception area. The land dimensions are 1245 feet by 525 feet, equating to 653,625 square feet, or approximately 15 acres. The property includes three drive-through bays and one additional drive-in bay, with a bay depth of 80 feet to accommodate longer trucks. The ceiling height is 20 feet. The building dimensions are as follows: office space measures 30 feet by 80 feet, while the shop area is 144 feet by 80 feet, totaling 11,520 square feet, plus the 2,240 square feet of second-level office space and the 168-square-foot vestibule, resulting in a total of 13,928 square feet on 15 acres.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$267.4k	$19.20
− Vacancy	−$58.8k	−$4.22
EGI	$208.6k	$14.98
− OpEx	−$52.1k	−$3.74
NOI	$156.4k	$11.23

13,928 SF · lease $19.20/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.23M

$1.96M – $2.61M (±1% cap)

NOI $156,439 @ 7.0% cap · market cap 8.23%

Second Best

Flex RnD

$1.92M

$1.68M – $2.24M (±1% cap)

NOI $134,440 @ 7.0% cap · market cap 7.08%

Theoretical Best

Office A

$3.07M

$2.69M – $3.58M (±1% cap)

NOI $215,004 @ 7.0% cap · market cap 11.32%

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

Property Profile Location Intelligence

Current Use by Public Records

Axis Energy Services Employment Agency

Suggested Use

Location Insight

Map
Local Demand

City: Williston
County: Williams
State: North Dakota
Longitude: -103.843
Latitude: 48.1513

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For sale
Flex space
ND
Williston
58801
5083 146th NW Avenue

What type of property is this?

Flex space - High-quality shop with offices on 15 acres for sale.

Where is this flex space located?

The property is located at 5083 146th NW Avenue Williston, ND.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: 14,000 SQ FT high‑end shop with offices on 15 stabilized acres.; High‑quality construction with high clearance ceilings and wash area.; **4,480 Sq Ft of office space including 10 private offices, two conference rooms, training room, and break room/lounge.**