Turnkey Machine Shop with
For Sale
$2,500,000
6551 Highway 40, Tioga, ND 58852
Fully equipped machine shop for sale with shop space, a mezzanine for parts storage, and overhead cranes for heavy fabrication.
Property Size19,746 SF
Price / SF$126.61
Days on Market108
Property Features for 6551 Highway 40
General Information
Standard status
Active
Size
19,746 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,732
Amenities
0.00
Building Details
Year Built
1951
Listing Agency:
REAL
Listed By:
Kallie D Bratlien · License #10502
(701) 770-7797
Source:
Clearwaterproperties
Added: Jul 17
Changed: Oct 31
Last Checked: Oct 30 at 3:03PM
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 REAL
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Investment Insights
Based on property information with market context.
This turnkey machine shop property includes more than 19,000 square feet of well-equipped shop space, plus a brand-new 50' x 30' addition. A 1,200+ square foot mezzanine provides parts storage along with a locker room and bathroom. The facility is outfitted with more than 23 overhead cranes with capacities from 1,000 lbs up to 6-ton, and eight overhead doors measuring 14' x 14'. Interior improvements include dedicated machining zones, multiple offices, break rooms, and parts areas designed to support workflow.
The site sits on 4.13 acres with yard space suitable for pipe or material storage, future expansion, or additional development. Highway 40 frontage supports high visibility for operations. The sale includes the business components and comes with all inventory, tools, and machinery for a seamless transition for an owner-operator or established firm.
The site sits on 4.13 acres with yard space suitable for pipe or material storage, future expansion, or additional development. Highway 40 frontage supports high visibility for operations. The sale includes the business components and comes with all inventory, tools, and machinery for a seamless transition for an owner-operator or established firm.
Key Highlights
- Fully equipped machine shop with real estate on 4.13 acres and Highway 40 frontage
- Over 19,000 SF of shop space plus a brand‑new 50' x 30' addition
- 1,200+ SF mezzanine for parts storage, locker room, bathroom, and additional space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,180
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,363,600
$2.4M
Cap Rate 7%
$1,688,286
$1.7M
Cap Rate 9%
$1,313,111
$1.3M
Market Conditions
NOI Build-Up for 19,746 SF
Gross rent
$177.7K $9.00/SF
− Vacancy
−$8.9K −$0.45/SF
EGI
$168.8K $8.55/SF
− OpEx
−$50.6K −$2.56/SF
NOI
$118.2K $5.98/SF
Area
Williams County, ND
Vacancy
5.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,363,600
Cap Rate 7%
$1,688,286
Cap Rate 9%
$1,313,111
Alternative Uses
Best Use
Industrial
$1.69M
$1.48M – $1.97M
NOI $118,180 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.35M
$3.81M – $5.08M
NOI $304,815 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
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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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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Fully equipped machine shop for sale with shop space, a mezzanine for parts storage, and overhead cranes for heavy fabrication.
Where is this manufacturing property located?
The property is located at 6551 Highway 40 Tioga, ND.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Fully equipped machine shop with real estate on 4.13 acres and Highway 40 frontage; Over 19,000 SF of shop space plus a brand‑new 50' x 30' addition; 1,200+ SF mezzanine for parts storage, locker room, bathroom, and additional space
