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Post-Frame Shop Condo with Heat
For Sale
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436 29th Ct. #4 NW, West Fargo, ND 58078

30' x 75' shop condo featuring post frame steel lining, natural gas heat, and an in-unit floor drain plus bathroom.

Property Size2,250 SF
Price / SF$125
Days on Market184

Property Features for 436 29th Ct. #4 NW

General Information

Standard status Active
Size 2,250 SF
Class B
Property subtype Industrial, Mixed Use, Self Storage

Amenities

natural gas heat
floor drain
bathroom
wash tub

Building Details

Year Built 2024
Units 1
Construction post frame steel lined
Listing Agency: Uptown Real Estate
Listed By: Samantha Johnston · License #40928898
Source: Crexi
Added: Apr 22 Changed: Oct 1 Last Checked: Oct 20 at 8:36PM

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

Rey
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.

This 30' x 75' shop condo is built as a post frame, steel-lined unit and includes natural gas heat. Each condo also features a floor drain, a bathroom, and a wash tub. The space is offered as a standalone unit or can be combined with a neighboring unit for a larger configuration.

Located at 436 29th Ct. #4 NW in West Fargo, the property is being marketed for sale and also as an option for lease. Additional upgrades are available, including mezzanine, epoxy flooring, electrical improvements, and air conditioning.

With the included drainage and sanitary fixtures, the unit is designed to support general business use and storage needs.

Key Highlights

  • 30' x 75' shop condo built in 2024
  • Post‑frame steel lined interior
  • Natural gas heat

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,388
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,760 $347.8K
Cap Rate 7%
$248,400 $248.4K
Cap Rate 9%
$193,200 $193.2K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$27.0K $12.00/SF
− Vacancy
−$2.2K −$0.96/SF
EGI
$24.8K $11.04/SF
− OpEx
−$7.5K −$3.31/SF
NOI
$17.4K $7.73/SF
Area
Cass County, ND
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,760
Cap Rate 7%
$248,400
Cap Rate 9%
$193,200

Alternative Uses

Best Use
Self Storage
$248.4K
$217.4K – $289.8K (±1% cap)
NOI $17,388 @ 7.0% cap · market cap 6.18%
Second Best
Warehouse
$228.7K
$200.1K – $266.8K (±1% cap)
NOI $16,008 @ 7.0% cap · market cap 5.69%
Theoretical Best
Specialty Retail
$415.7K
$363.7K – $485.0K (±1% cap)
NOI $29,099 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Garden Center Spa & Massage Center Storage Facility Food Market Big Box & Wholesale Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

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

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - 30' x 75' shop condo featuring post frame steel lining, natural gas heat, and an in-unit floor drain plus bathroom.
Where is this self storage facility located?
The property is located at 436 29th Ct. #4 NW West Fargo, ND.
What is the asking price?
The asking price for this property is $281,250.
What are key features of this property?
This property features: 30' x 75' shop condo built in 2024; Post‑frame steel lined interior; Natural gas heat
(701) 388-6015 Call to check price and availability
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