Post-Frame Shop Condo with
For Sale
$210,000
Pending
D-4764 25th St N, Fargo, ND 58103
Steel-lined shop condo offers natural gas heat, a floor drain, and a bathroom with wash tub in each unit.
Property Size1,680 SF
Days on Market277
Property Features for D-4764 25th St N
General Information
Standard status
Pending
Size
1,680 SF
Site & Location
Neighborhood
Jefferson/Carl Ben Neighborhood
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$3,859
Amenities
natural gas heat
floor drain
bathroom
wash tub
Building Details
Construction
post frame steel lined
Listing Agency:
Uptown Real Estate
(701) 238-0315
Listed By:
Samantha Johnston · License #40928898
(701) 388-6015
Source:
Exprealty
Added: Jan 28
Changed: Oct 26
Last Checked: Nov 1 at 7:53AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$14,806
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,120
$296.1K
Cap Rate 7%
$211,514
$211.5K
Cap Rate 9%
$164,511
$164.5K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$18.1K $10.80/SF
− Vacancy
−$726 −$0.43/SF
EGI
$17.4K $10.37/SF
− OpEx
−$2.6K −$1.56/SF
NOI
$14.8K $8.81/SF
Area
Fargo, ND
Vacancy
4.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,120
Cap Rate 7%
$211,514
Cap Rate 9%
$164,511
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,089
Businesses Nearby
Explore this area
Business Placement
Demographics for 58103, ND
46,754
Population
25,241
Households
1.9
Avg Household Size
36
Median Age
37%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
4,066
Density / Sq Mi
$57,699
Median Household Income
$38,241
Median Earnings
$831
Median Rent
$239,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
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
