2516 132nd C Ave NW Arnegard, ND 58835
5,000 sq ft shop with 964 sq ft office.
Property Features for 2516 132nd C Ave NW
General Information
- Standard status
- Active
- Size
- 5,964 SF
- Lot size
- 4.80 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2012
Listing office Exp Realty (918) 617-1438
Listing date Jul 29, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Located in a sought‑after industrial subdivision in the heart of oil activity
- 5,000 sq ft shop with two 14 ft drive‑in doors
- 4.8 acres of stabilized yard
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 | $71.6k | $12.00 |
| − Vacancy | −$26.1k | −$4.38 |
| EGI | $45.4k | $7.62 |
| − OpEx | −$15.9k | −$2.67 |
| NOI | $29.5k | $4.95 |
