Modern Office Building with
13696 Redwood Way NW Williston, ND 58801
13696 Redwood Way NW, Williston, ND, 58801
$590,000
For Sale
$590,000
Built in 2014, this office building offers an open floor plan, ample natural light, and parking for employees and visitors.
Property Size2,884 SF
Price / SF$204.58
Days on Market128
Property Features for 13696 Redwood Way NW
General Information
- Standard status
- Active
- Size
- 2,884 SF
- Property subtype
- Multi Tenant Office
Building Details
- Year Built
- 2014
Listing agency
Proven Realty
(701) 369-3949
Listed by
Erik Peterson · License #9328
(701) 369-3949
Source
Thebrokerlist
Added: Mar 16 Updated: Jul 21 at 2:53PM Checked: Jul 21 at 2:53PM
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 Proven Realty
Investment Insights
Based on property information with market context.
This modern office building was built in 2014 and is presented as a spacious multi-level workplace. The layout includes an open floor plan with comfortable living and dining spaces, along with multiple private rooms: six bedrooms and three bathrooms total. A split-level design provides separation between levels, with the lower level accessible internally and featuring additional bedrooms, one bathroom, and a wet bar. The property is described as having ample natural light and efficient heating and cooling systems, with high-speed internet connectivity.
The building is situated on a corner lot just outside of Williston, with convenient access to major roadways. Parking is provided for both employees and visitors, supporting day-to-day access for staff and clients.
For tenant or user groups seeking a flexible interior configuration, the office building’s multi-room layout across two levels is suited to a variety of private office and meeting-space needs while maintaining an open central plan.
The building is situated on a corner lot just outside of Williston, with convenient access to major roadways. Parking is provided for both employees and visitors, supporting day-to-day access for staff and clients.
For tenant or user groups seeking a flexible interior configuration, the office building’s multi-room layout across two levels is suited to a variety of private office and meeting-space needs while maintaining an open central plan.
Key Highlights
- Built in 2014
- 2,884 sq ft home with 6 bedrooms and 3 bathrooms
- Full acre property on a corner lot just outside of Williston
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 | $55.4k | $19.20 |
| − Vacancy | −$12.2k | −$4.22 |
| EGI | $43.2k | $14.98 |
| − OpEx | −$10.8k | −$3.74 |
| NOI | $32.4k | $11.23 |
2,884 SF · lease $19.20/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$462.8K
$404.9K – $539.9K
NOI $32,393 @ 7.0% cap · market cap 5.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$636.0K
$556.5K – $742.0K
NOI $44,520 @ 7.0% cap · market cap 7.55%
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?
Office building - Built in 2014, this office building offers an open floor plan, ample natural light, and parking for employees and visitors.
Where is this office building located?
The property is located at 13696 Redwood Way NW Williston, ND.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Built in 2014; 2,884 sq ft home with 6 bedrooms and 3 bathrooms; Full acre property on a corner lot just outside of Williston
