2528 Main Ave W West Fargo, ND 58078
16,015 SF office and shop building in West Fargo.
Property Features for 2528 Main Ave W
General Information
- Standard status
- Active
- Size
- 16,015 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2013
Listing office Core Property Group (701) 371-5977
Listing date Sep 15, 2023
Source Crexi
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 Core Property Group
Investment Insights
Based on property information with market context.
Key Highlights
- Excellent location just off Interstate 94 and along Main Avenue in West Fargo.
- 16,015 square foot office and shop building.
- Class ‘A’ office space with custom built‑in cabinets, desks, high end bathrooms with shower, designer kitchen, and fireplaces.
Local Financial Insights For Flex RnD
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 | $230.6k | $14.40 |
| − Vacancy | −$18.4k | −$1.15 |
| EGI | $212.2k | $13.25 |
| − OpEx | −$74.3k | −$4.64 |
| NOI | $137.9k | $8.61 |
