50101 N HWY 52 Kenmare, ND 58746
COMMERCIAL - Kenmare, ND
Property Features for 50101 N HWY 52
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C1
- Interior features
- Public Restrooms, Private Restrooms
- Standard status
- Active
- APN
- See Agent Remarks
- Size
- 5,500 SF
- Lot size
- 8.52 Acres
Taxes and HOA fees
- Tax Year
- 2024
Utilities
- Heating system
- Propane (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1975
- Number of units
- 3
Listing agent BECKY BERTSCH (701) 852-1156
Listing office Better Homes and Gardens Real Estate Watne Group 408 N Broadway, Minot, ND (701) 852-1156
Listing date Mar 19, 2026
Copyright © 2026 Minot Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- High‑visibility location off HWY 52 in the East Bakken area.
- Five buildings on 8.52 acres, offering diverse usage options.
- Massive 18,360 s/f shop (Building 5) with both heated and cold storage areas.
Local Financial Insights For Office B
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 | $60.7k | $11.04 |
| − Vacancy | −$1.6k | −$0.29 |
| EGI | $59.1k | $10.75 |
| − OpEx | −$14.8k | −$2.69 |
| NOI | $44.4k | $8.06 |
