Turnkey Machine Shop with
6551 Highway 40 Tioga, ND 58852
6551 Highway 40, Tioga, ND, 58852
$2,500,000
For Sale
$2,500,000
Fully equipped machine shop for sale with shop space, a mezzanine for parts storage, and overhead cranes for heavy fabrication.
Property Size19,746 SF
Price / SF$126.61
Days on Market435
Property Features for 6551 Highway 40
General Information
- Standard status
- Active
- Size
- 19,746 SF
Listing agency
REAL
(701) 770-7797
Listed by
Kallie D Bratlien · License #10502
(701) 770-7797
Source
Exprealty
Added: May 14, 2025 Updated: Jul 21 at 1:54PM Checked: Jul 21 at 1:54PM
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 REAL
Investment Insights
Based on property information with market context.
This turnkey machine shop property includes more than 19,000 square feet of well-equipped shop space, plus a brand-new 50' x 30' addition. A 1,200+ square foot mezzanine provides parts storage along with a locker room and bathroom. The facility is outfitted with more than 23 overhead cranes with capacities from 1,000 lbs up to 6-ton, and eight overhead doors measuring 14' x 14'. Interior improvements include dedicated machining zones, multiple offices, break rooms, and parts areas designed to support workflow.
The site sits on 4.13 acres with yard space suitable for pipe or material storage, future expansion, or additional development. Highway 40 frontage supports high visibility for operations. The sale includes the business components and comes with all inventory, tools, and machinery for a seamless transition for an owner-operator or established firm.
The site sits on 4.13 acres with yard space suitable for pipe or material storage, future expansion, or additional development. Highway 40 frontage supports high visibility for operations. The sale includes the business components and comes with all inventory, tools, and machinery for a seamless transition for an owner-operator or established firm.
Key Highlights
- Fully equipped machine shop with real estate on 4.13 acres and Highway 40 frontage
- Over 19,000 SF of shop space plus a brand‑new 50' x 30' addition
- 1,200+ SF mezzanine for parts storage, locker room, bathroom, and additional space
Local 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 | $177.7k | $9.00 |
| − Vacancy | −$8.9k | −$0.45 |
| EGI | $168.8k | $8.55 |
| − OpEx | −$50.6k | −$2.56 |
| NOI | $118.2k | $5.98 |
19,746 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.69M
$1.48M – $1.97M
NOI $118,180 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.35M
$3.81M – $5.08M
NOI $304,815 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Manufacturing property - Fully equipped machine shop for sale with shop space, a mezzanine for parts storage, and overhead cranes for heavy fabrication.
Where is this manufacturing property located?
The property is located at 6551 Highway 40 Tioga, ND.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Fully equipped machine shop with real estate on 4.13 acres and Highway 40 frontage; Over 19,000 SF of shop space plus a brand‑new 50' x 30' addition; 1,200+ SF mezzanine for parts storage, locker room, bathroom, and additional space
