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805 48th Ave W, Williston, ND, 58801
Manufacturing Facility with Cranes

805 48th Ave W Williston, ND 58801

For Sale
Contact for pricing

Fully sprinkled manufacturing facility with office improvements, commercial kitchen, fenced yard, and multiple cranes.

Property Size114,340 SF
Price / SF$161.80
Days on Market447

Property Features for 805 48th Ave W

General Information

Standard status
Active
Size
114,340 SF
Property subtype
INDUSTRIAL
Listing Agency: CBRE | Fargo
Listed By: Kyle Ferderer
Source: Moodyscre
Added: May 6, 2025 Changed: Jul 25 Last Checked: Jul 26 at 2:29PM

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 CBRE | Fargo


Investment Insights

Based on property information with market context.

This fully sprinkled manufacturing facility includes office space with a passenger elevator and marble floors. Operational amenities are supported by a cafeteria with a commercial kitchen, as well as employee locker rooms. Exterior improvements include a fenced-in yard with 5.5 acres of exterior concrete paving, and the building has two ingress/egress points.

The facility is located within Williston city limits. The production equipment set includes fourteen cranes: twelve 2-ton cranes, two 5-ton cranes, and one 1-ton jib crane, supporting a range of material handling needs within the facility.

Key Highlights

  • Manufacturing facility with fully sprinkled fire protection
  • Office includes a passenger elevator and marble floors
  • On‑site cafeteria with commercial kitchen

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 $1.03M $9.00
− Vacancy −$51.5k −$0.45
EGI $977.6k $8.55
− OpEx −$293.3k −$2.56
NOI $684.3k $5.98
114,340 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Industrial
$9.78M
$8.55M – $11.41M (±1% cap)
NOI $684,325 @ 7.0% cap · market cap 3.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$25.21M
$22.06M – $29.42M (±1% cap)
NOI $1,765,044 @ 7.0% cap · market cap 9.54%
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 - Fully sprinkled manufacturing facility with office improvements, commercial kitchen, fenced yard, and multiple cranes.
Where is this manufacturing property located?
The property is located at 805 48th Ave W Williston, ND.
What is the asking price?
The asking price for this property is $18,500,000.
What are key features of this property?
This property features: Manufacturing facility with fully sprinkled fire protection; Office includes a passenger elevator and marble floors; On‑site cafeteria with commercial kitchen
(701) 660-3500 Call to check price and availability
More about this property
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