Warehouse with Office and Secure
For Sale
Contact for pricing
2101 12TH ST N, Fargo, ND 58102
Gated warehouse property includes an onsite office with restroom and some temperature-controlled units.
Property Size50,450 SF
Price / SF$128.84
Days on Market332
Property Features for 2101 12TH ST N
General Information
Standard status
Active
Size
50,450 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Northport Neighborhood
Amenities
onsite office with restroom
gated and secure
some temperature controlled units
Listing Agency:
JBC Commercial
(701) 929-6000
Listed By:
Jim Buus · License #2216
(701) 936-8165
Source:
Moodyscre
Added: Dec 4, 2025
Changed: Oct 25
Last Checked: Oct 30 at 4:06PM
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 JBC Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale warehouse property features an onsite office with a restroom. The site is gated and secure, and includes some temperature controlled units.
In addition to the existing improvements, the property offers additional buildable space on site described as a half acre.
Overall, the configuration supports warehouse operations with dedicated office space and controlled-access yard conditions.
In addition to the existing improvements, the property offers additional buildable space on site described as a half acre.
Overall, the configuration supports warehouse operations with dedicated office space and controlled-access yard conditions.
Key Highlights
- Gated and secure warehouse property
- Onsite office with a restroom
- Some temperature‑controlled units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$444,606
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,892,120
$8.9M
Cap Rate 7%
$6,351,514
$6.4M
Cap Rate 9%
$4,940,067
$4.9M
Market Conditions
NOI Build-Up for 50,450 SF
Gross rent
$544.9K $10.80/SF
− Vacancy
−$21.8K −$0.43/SF
EGI
$523.1K $10.37/SF
− OpEx
−$78.5K −$1.56/SF
NOI
$444.6K $8.81/SF
Area
Fargo, ND
Vacancy
4.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,892,120
Cap Rate 7%
$6,351,514
Cap Rate 9%
$4,940,067
Alternative Uses
Best Use
Warehouse
$6.35M
$5.56M – $7.41M
NOI $444,606 @ 7.0% cap · market cap 6.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.94M
$9.58M – $12.77M
NOI $766,073 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 58102, ND
30,767
Population
16,757
Households
1.8
Avg Household Size
32
Median Age
45%
College-Educated
95%
High-School Grad
31.6 sq mi
ZIP Area
974
Density / Sq Mi
$56,028
Median Household Income
$31,939
Median Earnings
$829
Median Rent
$235,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Mid-States Storage — 2101 12th St N, Fargo, ND 58102
- North Dakota Grain Dealers — 2417 N University Dr suite a, Fargo, ND 58102
Frequently Asked Questions
What type of property is this?
Warehouse - Gated warehouse property includes an onsite office with restroom and some temperature-controlled units.
Where is this warehouse located?
The property is located at 2101 12TH ST N Fargo, ND.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Gated and secure warehouse property; Onsite office with a restroom; Some temperature‑controlled units
