Owner-User Flex
For Sale
Contact for pricing
126 6th St W, West Fargo, ND 58078
Shop layout supports occupancy in one half with rental use in the other.
Property Size12,000 SF
Price / SF$88.33
Days on Market75
Property Features for 126 6th St W
General Information
Standard status
Active
Size
12,000 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Listing Agency:
Horizon Real Estate Group
(701) 478-7600
Listed By:
Brian Tulibaski, MBA
(701) 793-0653
Source:
Moodyscre
Added: Aug 19
Changed: Oct 25
Last Checked: Oct 30 at 1:46PM
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.
This 12,000-square-foot flex space is configured as a shop suitable for industrial or service operations. The layout supports an owner-user arrangement, with one half available for occupancy and the other positioned for rental use.
The property is in West Fargo with access to Main Avenue and Interstate 94. Its combination of functional shop space and a divided occupancy plan provides flexibility for an operator seeking on-site space alongside a separate rental component.
The property is in West Fargo with access to Main Avenue and Interstate 94. Its combination of functional shop space and a divided occupancy plan provides flexibility for an operator seeking on-site space alongside a separate rental component.
Key Highlights
- 12,000‑square‑foot shop
- Flex space suited to industrial or service operations
- Owner‑user configuration with one half for occupancy and the other for rental use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,308
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,406,160
$1.4M
Cap Rate 7%
$1,004,400
$1.0M
Cap Rate 9%
$781,200
$781.2K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$108.0K $9.00/SF
− Vacancy
−$7.6K −$0.63/SF
EGI
$100.4K $8.37/SF
− OpEx
−$30.1K −$2.51/SF
NOI
$70.3K $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%
$1,406,160
Cap Rate 7%
$1,004,400
Cap Rate 9%
$781,200
Alternative Uses
Best Use
Flex RnD
$1.48M
$1.29M – $1.72M
NOI $103,334 @ 7.0% cap · market cap 9.75%
Second Best
Industrial
$1.00M
$878.9K – $1.17M
NOI $70,308 @ 7.0% cap · market cap 6.63%
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 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
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Under-served
Demand for This Use
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?
Flex space - Shop layout supports occupancy in one half with rental use in the other.
Where is this flex space 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‑square‑foot shop; Flex space suited to industrial or service operations; Owner‑user configuration with one half for occupancy and the other for rental use
