Shop Condo with Natural Gas
For Sale
$210,000
4764 25th Street N D, Fargo, ND 58102
Steel-lined commercial space includes a bathroom, wash tub, floor drain, and controlled site access.
Property Size1,680 SF
Price / SF$125
Days on Market81
Property Features for 4764 25th Street N D
General Information
Standard status
Active
Size
1,680 SF
Additional Details
Fenced Yard
Yes
Building Details
Year Built
2021
Construction
post frame steel
Listing Agency:
Uptown Real Estate
Listed By:
Samantha Johnston · License #40928898
(701) 388-6015
Source:
Searchhousesnow
Added: Jul 26
Changed: Oct 6
Last Checked: Oct 13 at 1:13AM
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.
Constructed in 2021, this flex space is configured as a shop condominium measuring 28 feet by 60 feet. The post-frame steel-lined construction includes natural gas heat, a floor drain, bathroom, and wash tub. Potential additions include a mezzanine, epoxy flooring, electrical improvements, and air conditioning, subject to availability.
The property is enclosed with fencing and has a gate at the entrance. Located at 4764 25th Street N D in Fargo, North Dakota, the space supports business operations, equipment storage, and recreational vehicle storage as described for the property.
The property is enclosed with fencing and has a gate at the entrance. Located at 4764 25th Street N D in Fargo, North Dakota, the space supports business operations, equipment storage, and recreational vehicle storage as described for the property.
Key Highlights
- 28'X60' shop condo
- 2021 construction with post‑frame, steel‑lined design
- Natural gas heat, floor drain, bathroom, and wash tub
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,806
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,120
$296.1K
Cap Rate 7%
$211,514
$211.5K
Cap Rate 9%
$164,511
$164.5K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$18.1K $10.80/SF
− Vacancy
−$726 −$0.43/SF
EGI
$17.4K $10.37/SF
− OpEx
−$2.6K −$1.56/SF
NOI
$14.8K $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%
$296,120
Cap Rate 7%
$211,514
Cap Rate 9%
$164,511
Alternative Uses
Best Use
Warehouse
$211.5K
$185.1K – $246.8K
NOI $14,806 @ 7.0% cap · market cap 7.05%
Second Best
Flex RnD
$193.6K
$169.4K – $225.8K
NOI $13,550 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$364.4K
$318.9K – $425.2K
NOI $25,510 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Well-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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Steel-lined commercial space includes a bathroom, wash tub, floor drain, and controlled site access.
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'X60' shop condo; 2021 construction with post‑frame, steel‑lined design; Natural gas heat, floor drain, bathroom, and wash tub
