Post-Frame Shop Condo with
D-4764 25th St N Fargo, ND 58103
For Sale
$210,000
Steel-lined shop condo offers natural gas heat, a floor drain, and a bathroom with wash tub in each unit.
Property Size1,680 SF
Price / SF$125
Days on Market176
Property Features for D-4764 25th St N
General Information
- Standard status
- Active
- Size
- 1,680 SF
Listing Agency:
UpTown Real Estate
(701) 388-6015
Listed By:
Samantha Johnston
(701) 388-6015
Source:
Exprealty
Added: Jan 28
Changed: Jul 22
Last Checked: Jul 22 at 2:19AM
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 UpTown Real Estate
Investment Insights
Based on property information with market context.
This offering features a 28' x 60' post-frame steel-lined shop condo designed for business use and storage. Each unit includes natural gas heat, a floor drain, and a private bathroom with a wash tub. The property is fenced, with a gated entrance for controlled access.
The unit is located at D-4764 25th St N in Fargo, ND. Additional upgrades are available, including options such as a mezzanine, epoxy floor, added electrical, and A/C.
The configuration is purpose-built for working storage needs, combining heated interior space with plumbing and drainage in place, along with the benefit of a fenced, gated site.
The unit is located at D-4764 25th St N in Fargo, ND. Additional upgrades are available, including options such as a mezzanine, epoxy floor, added electrical, and A/C.
The configuration is purpose-built for working storage needs, combining heated interior space with plumbing and drainage in place, along with the benefit of a fenced, gated site.
Key Highlights
- 28' x 60' shop condo with post‑frame, steel‑lined construction
- Natural gas heat plus a bathroom and wash tub in each unit
- Includes a floor drain in the shop area
Financial Insights For Warehouse
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 | $18.1k | $10.80 |
| − Vacancy | −$726 | −$0.43 |
| EGI | $17.4k | $10.37 |
| − OpEx | −$2.6k | −$1.56 |
| NOI | $14.8k | $8.81 |
1,680 SF · lease $10.80/SF/yr · vacancy 4.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$211.5K
$185.1K – $246.8K
NOI $14,806 @ 7.0% cap · market cap 7.05%
Second Best
Self Storage
$194.7K
$170.4K – $227.2K
NOI $13,632 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$364.4K
$318.9K – $425.2K
NOI $25,510 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
FAQs
What type of property is this?
Self storage facility - Steel-lined shop condo offers natural gas heat, a floor drain, and a bathroom with wash tub in each unit.
Where is this self storage facility located?
The property is located at D-4764 25th St N Fargo, ND.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 28' x 60' shop condo with post‑frame, steel‑lined construction; Natural gas heat plus a bathroom and wash tub in each unit; Includes a floor drain in the shop area