Industrial Shop with Rental
126 6th St W West Fargo, ND 58078
For Sale
$1,060,000
A 12,000-square-foot shop in West Fargo with convenient access to Main Avenue and Interstate 94.
Property Size12,000 SF
Price / SF$88.33
Days on Market106
Property Features for 126 6th St W
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Property subtype
- Industrial - Manufacturing
Building Details
- Year Built
- 2007
Listing Agency:
Horizon Real Estate Group
(701) 793-0653
Listed By:
Brian Tulibaski · License #ND:9607
Source:
Commercialcafe
Added: Apr 9
Changed: Jul 23
Last Checked: Jul 23 at 11:25AM
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 Horizon Real Estate Group
Investment Insights
Based on property information with market context.
Located at 126 6th Street West in West Fargo, this industrial shop provides 12,000 square feet of space with functional layout for industrial or service use. The building is configured to support an owner-user strategy, with the ability to occupy one half while renting the other half for additional income.
The property is just off Main Avenue and minutes from Interstate 94, providing connectivity throughout the Fargo MSA. It is surrounded by a mix of commercial and industrial users.
This offering is presented for sale and is suited to buyers seeking a practical live-in-a-part-and-lease-the-rest setup within an established industrial corridor.
The property is just off Main Avenue and minutes from Interstate 94, providing connectivity throughout the Fargo MSA. It is surrounded by a mix of commercial and industrial users.
This offering is presented for sale and is suited to buyers seeking a practical live-in-a-part-and-lease-the-rest setup within an established industrial corridor.
Key Highlights
- 12,000 SF shop in West Fargo, built in 2007
- Convenient access just off Main Avenue in West Fargo
- Minutes from Interstate 94 for easy regional connectivity
Financial Insights For Industrial
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 | $108.0k | $9.00 |
| − Vacancy | −$7.6k | −$0.63 |
| EGI | $100.4k | $8.37 |
| − OpEx | −$30.1k | −$2.51 |
| NOI | $70.3k | $5.86 |
12,000 SF · lease $9.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.00M
$878.9K – $1.17M
NOI $70,308 @ 7.0% cap · market cap 6.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.22M
$1.94M – $2.59M
NOI $155,196 @ 7.0% cap · market cap 14.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
FAQs
What type of property is this?
Manufacturing property - A 12,000-square-foot shop in West Fargo with convenient access to Main Avenue and Interstate 94.
Where is this manufacturing property located?
The property is located at 126 6th St W West Fargo, ND.
What is the asking price?
The asking price for this property is $1,060,000.
What are key features of this property?
This property features: 12,000 SF shop in West Fargo, built in 2007; Convenient access just off Main Avenue in West Fargo; Minutes from Interstate 94 for easy regional connectivity
