Light Industrial Shop with Living
13 Sunrise Estates Road Watford City, ND 58854
New
13 Sunrise Estates Road, Watford City, ND, 58854
$499,000
For Sale
$499,000
A light industrial shop with two overhead doors and in-floor heat, plus attached finished living space.
Property Size1,600 SF
Lot Size1.50 Acres
Price / SF$311.88
Days on Market6
Property Features for 13 Sunrise Estates Road
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Lot size
- 1.50 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2013
Listing agency
eXp Realty
(406) 480-9383
Listed by
Kristy L Aasheim · License #9436
Source
Clearwaterproperties
Added: Jul 17 Updated: Jul 22 at 6:47AM Checked: Jul 22 at 6:47AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This light industrial property includes a 3,200 square foot shop with approximately 2,400 square feet of shop space. The shop is equipped with in-floor heat and features two 14' x 14' overhead doors, supported by ample area for operations and storage. An attached approximately 1,600 square feet of finished living space includes four bedrooms and two bathrooms, with additional electric heat.
The property sits on 1.5 acres at 13 Sunrise Estates Road in Watford City, ND, offering a combined live-and-work configuration for an owner-operator or anyone seeking flexibility in one location.
Overall, the improvements combine a functional light industrial setup with substantial attached residential space, supported by both in-floor heat and electric heat for comfort in different areas.
The property sits on 1.5 acres at 13 Sunrise Estates Road in Watford City, ND, offering a combined live-and-work configuration for an owner-operator or anyone seeking flexibility in one location.
Overall, the improvements combine a functional light industrial setup with substantial attached residential space, supported by both in-floor heat and electric heat for comfort in different areas.
Key Highlights
- 1.5‑acre light industrial property with a 3,200 SF shop and attached finished living space
- About 2,400 SF of shop space with two 14' x 14' overhead doors for vehicle or equipment access
- Shop includes in‑floor heat
Local Financial Insights For Office B
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 | $32.1k | $20.04 |
| − Vacancy | −$6.4k | −$4.01 |
| EGI | $25.7k | $16.03 |
| − OpEx | −$6.4k | −$4.01 |
| NOI | $19.2k | $12.02 |
1,600 SF · lease $20.04/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$274.8K
$240.5K – $320.6K
NOI $19,238 @ 7.0% cap · market cap 3.86%
Second Best
Mixed Use
$145.7K
$127.5K – $170.0K
NOI $10,200 @ 7.0% cap · market cap 2.04%
Theoretical Best
Office A
$380.5K
$332.9K – $443.9K
NOI $26,634 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - A light industrial shop with two overhead doors and in-floor heat, plus attached finished living space.
Where is this flex space located?
The property is located at 13 Sunrise Estates Road Watford City, ND.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1.5‑acre light industrial property with a 3,200 SF shop and attached finished living space; About 2,400 SF of shop space with two 14' x 14' overhead doors for vehicle or equipment access; Shop includes in‑floor heat
