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Post-Frame Shop Condo
For Sale
$210,000

4764 25th Street N #D, Fargo, ND 58102

28-by-60 post-frame steel-lined condo with natural gas heat, floor drain, and bathroom in each unit.

Property Size1,680 SF
Price / SF$125
Days on Market186

Property Features for 4764 25th Street N #D

General Information

Standard status Active
Size 1,680 SF
Property subtype Commercial

Additional Details

Fenced Yard Yes

Amenities

natural gas heat
floor drain
bathroom
wash tub

Building Details

Year Built 2021
Construction post frame steel lined
Listing Agency: Uptown Real Estate
Listed By: Samantha Johnston · License #40928898
Source: Juverealestate
Added: Jan 28 Changed: Jul 21 Last Checked: Aug 1 at 12:33PM

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

Investment Insights

Based on property information with market context.

This for-sale shop condo is a post-frame, steel-lined unit offering a 28' x 60' footprint. The space includes natural gas heat, a floor drain, and an in-unit bathroom with a wash tub. Each condo is set up for straightforward storage and working use.

The property is fenced with a gate at the entrance, providing controlled access to the grounds. Upgrades are available, including options such as adding a mezzanine, epoxy flooring, electrical improvements, and air conditioning.

Located at 4764 25th Street N #D in Fargo, ND 58102, this unit is positioned for businesses or storage needs where a functional, enclosed shop environment is important.

Key Highlights

  • 28' x 60' shop condo built in 2021
  • Post‑frame steel‑lined unit with natural gas heat
  • Floor drain included in the condo

Financial Insights For Warehouse

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 $18.1k $10.80
− Vacancy −$726 −$0.43
EGI $17.4k $10.37
− OpEx −$2.6k −$1.56
NOI $14.8k $8.81
1,680 SF · lease $10.80/SF/yr · vacancy 4.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$211.5K
$185.1K – $246.8K (±1% cap)
NOI $14,806 @ 7.0% cap · market cap 7.05%
Second Best
Flex RnD
$193.6K
$169.4K – $225.8K (±1% cap)
NOI $13,550 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$364.4K
$318.9K – $425.2K (±1% cap)
NOI $25,510 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Garden Center (Bike/Boat/Book/etc) Store Plumbing Service Real Estate Agency Storage Facility

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

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

608
Businesses Nearby
Under-served
Demand for This Use

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 28-by-60 post-frame steel-lined condo with natural gas heat, floor drain, and bathroom in each unit.
Where is this flex space located?
The property is located at 4764 25th Street N #D Fargo, ND.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 28' x 60' shop condo built in 2021; Post‑frame steel‑lined unit with natural gas heat; Floor drain included in the condo
More about this property
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