Heated Flex
6519 103 West Avenue Nw, Tioga, ND 58852
For Sale
$925,000
The property combines a heated shop, climate-controlled office space, and four drive-in bays.
Property Size10,000 SF
Lot Size3.78 Acres
Price / SF$92.50
Days on Market16
Property Features for 6519 103 West Avenue Nw
General Information
Standard status
Size
Lot size
Warehouse & Industrial
Office Build-Out
Drive-In Doors
Additional Details
Highway Access
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Listing Agency:
Proven Realty, LLC brokered by eXp Realty
Listed By:
Erik C. Peterson · License #9328
(701) 369-3949
Source:
Exprealty
Added: Oct 23
Changed: Nov 6
Last Checked: Nov 6 at 2:33PM
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 Proven Realty, LLC brokered by eXp Realty
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Investment Insights
Based on property information with market context.
This 10,000-square-foot flex facility on a 3.78-acre site includes a heated shop with four drive-in bays. The building also has 1,092 square feet of heated and air-conditioned office space, with two private restrooms. Outside, 18,000 square feet of concrete paving provides a substantial paved area for property operations.
The site is at 6519 103 West Avenue NW in Tioga, North Dakota, with 275 feet of frontage along Highway 40.
The site is at 6519 103 West Avenue NW in Tioga, North Dakota, with 275 feet of frontage along Highway 40.
Key Highlights
- 10,000‑square‑foot flex facility on 3.78 acres
- Heated shop with four drive‑in bays
- 1,092 square feet of heated and air‑conditioned office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,928
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,558,560
$1.6M
Cap Rate 7%
$1,113,257
$1.1M
Cap Rate 9%
$865,867
$865.9K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$96.0K $9.60/SF
− Vacancy
−$4.3K −$0.43/SF
EGI
$91.7K $9.17/SF
− OpEx
−$13.8K −$1.38/SF
NOI
$77.9K $7.79/SF
Area
Williams County, ND
Vacancy
4.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,558,560
Cap Rate 7%
$1,113,257
Cap Rate 9%
$865,867
Alternative Uses
Best Use
Flex RnD
$1.38M
$1.21M – $1.61M
NOI $96,525 @ 7.0% cap · market cap 10.44%
Second Best
Warehouse
$1.11M
$974.1K – $1.30M
NOI $77,928 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$2.21M
$1.93M – $2.57M
NOI $154,368 @ 7.0% cap · market cap 16.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
4
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 58852, ND
2,822
Population
1,277
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
87%
High-School Grad
310.6 sq mi
ZIP Area
9
Density / Sq Mi
$67,143
Median Household Income
$49,193
Median Earnings
$1,043
Median Rent
$207,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - The property combines a heated shop, climate-controlled office space, and four drive-in bays.
Where is this flex space located?
The property is located at 6519 103 West Avenue Nw Tioga, ND.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 10,000‑square‑foot flex facility on 3.78 acres; Heated shop with four drive‑in bays; 1,092 square feet of heated and air‑conditioned office space
