Versatile Industrial Flex
14663 Engberg St Williston, ND 58801
14663 Engberg St, Williston, ND, 58801
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For Sale
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Industrial flex property on just over 5 acres with a 1,200-sf quonset and an office/kitchen/recreation structure.
Property Size1,200 SF
Lot Size5.00 Acres
Price / SF$166.58
Days on Market113
Property Features for 14663 Engberg St
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Lot size
- 5.00 Acres
- Property subtype
- Industrial, Mixed Use
Listing agency
Real Broker
(701) 770-7797
Listed by
Kallie Bratlien · License #ND - 10502
Source
Crexi
Added: Apr 1 Updated: Jul 22 at 4:29PM Checked: Jul 22 at 4:29PM
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Investment Insights
Based on property information with market context.
This versatile industrial flex property is positioned on just over 5 acres of commercially zoned land and includes a 1,200-square-foot quonset suited for storage, shop use, or operational space. The property also features a separate office/kitchen/recreation structure with four offices and a kitchen in fabricated C-Cans, supporting flexible on-site work needs. Electricity is already run to the property.
The site offers easy access and visibility right off Highway 2. This configuration can support businesses looking for a combination of storage and functional office space within a single property.
With the quonset and the dedicated office layout already in place, the property provides a workable footprint for day-to-day operations that require both covered storage and interior workspace.
The site offers easy access and visibility right off Highway 2. This configuration can support businesses looking for a combination of storage and functional office space within a single property.
With the quonset and the dedicated office layout already in place, the property provides a workable footprint for day-to-day operations that require both covered storage and interior workspace.
Key Highlights
- Versatile commercial property on just over 5 acres of commercially zoned land
- Includes a 1,200‑SF Quonset for storage, shop use, or operational space
- On‑site office/kitchen/recreation structure with 4 offices and a kitchen in fabricated C‑Cans
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 | $23.0k | $19.20 |
| − Vacancy | −$5.1k | −$4.22 |
| EGI | $18.0k | $14.98 |
| − OpEx | −$4.5k | −$3.74 |
| NOI | $13.5k | $11.23 |
1,200 SF · lease $19.20/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$192.5K
$168.5K – $224.6K
NOI $13,478 @ 7.0% cap · market cap 6.74%
Second Best
Flex RnD
$165.5K
$144.8K – $193.1K
NOI $11,583 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$264.6K
$231.6K – $308.7K
NOI $18,524 @ 7.0% cap · market cap 9.27%
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 - Industrial flex property on just over 5 acres with a 1,200-sf quonset and an office/kitchen/recreation structure.
Where is this flex space located?
The property is located at 14663 Engberg St Williston, ND.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Versatile commercial property on just over 5 acres of commercially zoned land; Includes a 1,200‑SF Quonset for storage, shop use, or operational space; On‑site office/kitchen/recreation structure with 4 offices and a kitchen in fabricated C‑Cans
