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Watford City Commercial Opportunity

2066 125th Avenue NW Watford City, ND 58854

2066 125th Avenue NW, Watford City, ND, 58854
$1,300,000
For Sale
Claim this Listing
$1,300,000

Commercial property in Watford City with shop and office space.

Property Size9,708 SF
Price / SF$133.91
AddedMay 25
Days on Market53
Last RefreshJul 13 at 5:49 am

Property Features for 2066 125th Avenue NW

General Information

Standard status
Active
Size
9,708 SF
Property subtype
Commercial

Building Details

Year Built
2016

Listing office eXp Realty

Listing date May 25, 2026

Source Clearwaterproperties

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 commercial property is located in Watford City, North Dakota. Constructed in 2016, the property was recently renovated in 2024. The property is zoned for commercial use. It features a shop area of approximately 9,600 square feet and an office/living space of approximately 3,200 square feet. The shop area includes six overhead doors with drive-through bays. The property was updated in 2024, including a new shop floor.

Key Highlights

  • Prime commercial location in Watford City, ND.
  • Boasts a large +/-9,600 SQ FT shop area with 6 overhead doors and drive‑through bays.
  • Recently renovated in 2024, including a brand new shop floor.

Local Financial Insights For Flex RnD

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 $116.5k $12.00
− Vacancy −$42.5k −$4.38
EGI $74.0k $7.62
− OpEx −$25.9k −$2.67
NOI $48.1k $4.95
9,708 SF · lease $12.00/SF/yr · vacancy 36.50% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$686.9K
$601.1K – $801.4K (±1% cap)
NOI $48,084 @ 7.0% cap · market cap 3.70%
Second Best
Warehouse
$647.5K
$566.6K – $755.5K (±1% cap)
NOI $45,327 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M (±1% cap)
NOI $161,603 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Auto Repair Shop Big Box & Wholesale Store Real Estate Agency Travel Agency Bed & Breakfast Hotel & Motel Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Commercial property in Watford City with shop and office space.
Where is this flex space located?
The property is located at 2066 125th Avenue NW Watford City, ND.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime commercial location in Watford City, ND.; Boasts a large +/-9,600 SQ FT shop area with 6 overhead doors and drive‑through bays.; Recently renovated in 2024, including a brand new shop floor.
Contact an agent
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