Industrial Metal Shop with
5029 142nd Ave Nw Williston, ND 58801
For Sale
$1,000,000
Pending
2014-built industrial metal shop with two 960 SF offices, reinforced concrete floor, and four 10' x 14' overhead doors.
Property Size11,895 SF
Lot Size6.27 Acres
Days on Market126
Property Features for 5029 142nd Ave Nw
General Information
- Standard status
- Pending
- Size
- 11,895 SF
- Lot size
- 6.27 Acres
Listing Agency:
eXp Realty
(701) 369-3949
Listed By:
Erik C Peterson · License #9328
(701) 369-3949
Source:
Exprealty
Added: Mar 20
Changed: Jul 22
Last Checked: Jul 23 at 6:50PM
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 eXp Realty
Investment Insights
Based on property information with market context.
Constructed in 2014, this industrial property includes a 9,975 SF metal shop and two 960 SF office spaces. The shop features an 8'' reinforced concrete floor designed for demanding operations, and the building is served by four overhead doors measuring 10' x 14'.
The property consists of three buildings on 6.27 acres and is positioned in the Williston area. It is zoned Commercial, supporting a range of production-oriented uses.
With a combined shop-and-office configuration and multiple overhead doors, the layout is designed to accommodate production facility workflows.
The property consists of three buildings on 6.27 acres and is positioned in the Williston area. It is zoned Commercial, supporting a range of production-oriented uses.
With a combined shop-and-office configuration and multiple overhead doors, the layout is designed to accommodate production facility workflows.
Key Highlights
- 2014‑built industrial metal shop totaling 9,975 SF
- Includes two 960 SF offices
- 8'' reinforced concrete floor in the metal shop
Financial Insights For Industrial
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 | $107.1k | $9.00 |
| − Vacancy | −$5.4k | −$0.45 |
| EGI | $101.7k | $8.55 |
| − OpEx | −$30.5k | −$2.56 |
| NOI | $71.2k | $5.98 |
11,895 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.32M
$1.16M – $1.54M
NOI $92,695 @ 7.0% cap · market cap 9.27%
Second Best
Industrial
$1.02M
$889.9K – $1.19M
NOI $71,192 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$2.62M
$2.30M – $3.06M
NOI $183,621 @ 7.0% cap · market cap 18.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pilot Thomas Logistics
Social Service Agency
Thomas Petroleum
Gas Company
FAQs
What type of property is this?
Manufacturing property - 2014-built industrial metal shop with two 960 SF offices, reinforced concrete floor, and four 10' x 14' overhead doors.
Where is this manufacturing property located?
The property is located at 5029 142nd Ave Nw Williston, ND.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 2014‑built industrial metal shop totaling 9,975 SF; Includes two 960 SF offices; 8'' reinforced concrete floor in the metal shop
