Watford City Commercial
2066 125th Avenue NW, Watford City, ND 58854
Commercial property in Watford City with shop and office space.
Type:Commercial
Property size:
9,708 SFPrice / SF:
$133/SF- Added:
- May 25, 2026
- Days on Market:
- 8
- Last Refresh:
- May 25 at 10:20 pm
Property Features for 2066 125th Avenue NW
General Information
- Standard status
- Active
- Size
- 9,708 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2016
Listing agent Erik C Peterson
Listing office eXp Realty
Listing date May 25, 2026
Source Clearwaterproperties
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
- Prime commercial location in Watford City, ND.
- Boasts a large +/-9,600 SQ FT shop area with 6 overhead doors and drive‑through bays.
- Recently renovated in 2024, including a brand new shop floor.
- Includes +/-3,200 SQ FT of office/living space.
- Built in 2016, offering modern construction.
- Zoned for commercial use, providing versatile space.
Overview
This commercial property is located in Watford City, North Dakota. Constructed in 2016, the property was recently renovated in 2024. The property is zoned for commercial use. It features a shop area of approximately 9,600 square feet and an office/living space of approximately 3,200 square feet. The shop area includes six overhead doors with drive-through bays. The property was updated in 2024, including a new shop floor.
Local Financial Insights For Office B
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 | $194.5k | $20.04 |
| − Vacancy | −$38.9k | −$4.01 |
| EGI | $155.6k | $16.03 |
| − OpEx | −$38.9k | −$4.01 |
| NOI | $116.7k | $12.02 |
9,708 SF · lease $20.04/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.67M
$1.46M – $1.95M
NOI $116,729 @ 7.0% cap · market cap 8.98%
Second Best
Flex RnD
$686.9K
$601.1K – $801.4K
NOI $48,084 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M
NOI $161,603 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Watford City
- County
- McKenzie
- State
- North Dakota
- Longitude
- -103.261737
- Latitude
- 47.732642
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Commercial property in Watford City with shop and office space.
Where is this flex space located?
The property is located at 2066 125th Avenue NW Watford City, ND.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime commercial location in Watford City, ND.; Boasts a large +/-9,600 SQ FT shop area with 6 overhead doors and drive‑through bays.; Recently renovated in 2024, including a brand new shop floor.
