Industrial Shop with Rental
For Sale
Contact for pricing
126 6th St W, West Fargo, ND 58078
A 12,000-square-foot shop in West Fargo with convenient access to Main Avenue and Interstate 94.
Property Size28,713 SF
Price / SF$90.55
Days on Market198
Property Features for 126 6th St W
General Information
Standard status
Active
Size
28,713 SF
Class
B
Property subtype
Industrial
Zoning
Heavy Commercial
Occupancy
100%
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1962
Year Renovated
2007
Buildings
3
Stories
1
Units
4
Listing Agency:
Horizon Real Estate Group
Listed By:
Brian Tulibaski · License #MN: 40515140
(701) 793-0653
Source:
Crexi
Added: Apr 8
Changed: Oct 16
Last Checked: Oct 20 at 5:26PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$168,229
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,364,580
$3.4M
Cap Rate 7%
$2,403,271
$2.4M
Cap Rate 9%
$1,869,211
$1.9M
Market Conditions
NOI Build-Up for 28,713 SF
Gross rent
$258.4K $9.00/SF
− Vacancy
−$18.1K −$0.63/SF
EGI
$240.3K $8.37/SF
− OpEx
−$72.1K −$2.51/SF
NOI
$168.2K $5.86/SF
Area
Cass County, ND
Vacancy
7.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,364,580
Cap Rate 7%
$2,403,271
Cap Rate 9%
$1,869,211
Alternative Uses
Best Use
Industrial
$2.40M
$2.10M – $2.80M
NOI $168,229 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.30M
$4.64M – $6.19M
NOI $371,345 @ 7.0% cap · market cap 14.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Explore this area
Business Placement
Demographics for 58078, ND
39,161
Population
16,416
Households
2.4
Avg Household Size
34
Median Age
45%
College-Educated
97%
High-School Grad
39.8 sq mi
ZIP Area
984
Density / Sq Mi
$97,206
Median Household Income
$51,208
Median Earnings
$1,073
Median Rent
$303,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
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 $2,600,000.
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
