New Flex Space
For Sale
Contact for pricing
436 29th Ct NW Unit #2, West Fargo, ND 58078
Recently constructed flex space unit classified within the industrial property sector.
Property Size1,976 SF
Price / SF$125.03
Days on Market215
Property Features for 436 29th Ct NW Unit #2
General Information
Standard status
Active
Size
1,976 SF
Class
B
Property subtype
Industrial, Mixed Use
Building Details
Year Built
2024
Units
1
Listing Agency:
Uptown Real Estate
Listed By:
Samantha Johnston · License #40928898
(701) 388-6015
Source:
Crexi
Added: Mar 17
Changed: Oct 1
Last Checked: Oct 16 at 6:55AM
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 Uptown Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit #2 contains 1,976 square feet of flex space and was completed in 2024. The property is classified as industrial real estate and is located at 436 29th Ct NW in West Fargo, North Dakota.
Key Highlights
- 1,976‑square‑foot flex space unit
- Completed in 2024
- Unit #2 at 436 29th Ct NW, West Fargo, ND 58078
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,016
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,320
$340.3K
Cap Rate 7%
$243,086
$243.1K
Cap Rate 9%
$189,067
$189.1K
Market Conditions
NOI Build-Up for 1,976 SF
Gross rent
$28.5K $14.40/SF
− Vacancy
−$2.3K −$1.15/SF
EGI
$26.2K $13.25/SF
− OpEx
−$9.2K −$4.64/SF
NOI
$17.0K $8.61/SF
Area
Cass County, ND
Vacancy
8.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,320
Cap Rate 7%
$243,086
Cap Rate 9%
$189,067
Alternative Uses
Best Use
Flex RnD
$243.1K
$212.7K – $283.6K
NOI $17,016 @ 7.0% cap · market cap 6.89%
Second Best
Warehouse
$200.8K
$175.7K – $234.3K
NOI $14,058 @ 7.0% cap · market cap 5.69%
Theoretical Best
Specialty Retail
$365.1K
$319.5K – $425.9K
NOI $25,556 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 58078, ND
39,161
Population
16,416
Households
2.4
Avg Household Size
34
Median Age
45%
College-Educated
97%
High-School Grad
39.8 sq mi
ZIP Area
984
Density / Sq Mi
$97,206
Median Household Income
$51,208
Median Earnings
$1,073
Median Rent
$303,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Recently constructed flex space unit classified within the industrial property sector.
Where is this flex space located?
The property is located at 436 29th Ct NW Unit #2 West Fargo, ND.
What is the asking price?
The asking price for this property is $247,050.
What are key features of this property?
This property features: 1,976‑square‑foot flex space unit; Completed in 2024; Unit #2 at 436 29th Ct NW, West Fargo, ND 58078
