Industrial Metal Shop with
For Sale
$1,000,000
Pending
5029 142nd Ave Nw, Williston, ND 58801
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 Market135
Property Features for 5029 142nd Ave Nw
General Information
Standard status
Pending
Size
11,895 SF
Lot size
6.27 Acres
Zoning
Commercial
Additional Details
Office Units
2
Building Details
Year Built
2014
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 authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 58801, ND
34,921
Population
17,095
Households
2
Avg Household Size
31
Median Age
25%
College-Educated
91%
High-School Grad
716.1 sq mi
ZIP Area
49
Density / Sq Mi
$90,119
Median Household Income
$53,496
Median Earnings
$1,116
Median Rent
$279,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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
