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    The Largest CRE Database in the US with Over 1 Million Listings

    Andy Westby, Fargo, ND

    License ID: 9120
    Goldmark Schlossman Commerical
    Association
    Fargo Moorhead Area Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (701) 239-5839
    Office Address:
    P O Box 3024, Fargo, ND, 58108

    Performance

    Listings
    32

    Listings

    For Sale (30)

    View map
    • $1,305,512

      Crossroads Commercial Land, Fargo, ND

      Prime Fargo commercial land, high traffic, I-94/I-29 access.
      4001 23Rd Ave, Fargo, ND 58104
      View Details
    • $323,916
      0.62 Acres

      Fargo Commercial Land Parcel B

      Prime South Fargo commercial lot, 0.62 acres.
      3166 Sienna Dr, Fargo, ND 58104
      View Details
    • $1,821,391

      4001 23Rd Ave

      Land
      4001 23Rd Ave, Fargo, ND 58104
      View Details
    • $1,426,586
      2.34 Acres

      Crossroads Commercial Land - Lot 1

      Fargo, ND executive office land
      4155 23Rd Ave, Fargo, ND 58104
      View Details
    • $1,426,586

      Crossroads Commercial Land

      Fargo, ND prime commercial lot
      4001 23Rd Ave, Fargo, ND 58104
      View Details
    • $12,919,500
      59.90 Acres

      West Fargo Industrial Super-Site

      60-Acre Heavy Industrial Tract, Ready to Develop
      665 12Th Ave, West Fargo, ND 58078
      View Details
    • $3,010,371

      Fargo Commercial Land Opportunity

      Prime Fargo land, high traffic, build-to-suit options.
      4001 23Rd Ave, Fargo, ND 58104
      View Details
    • $1,291,500

      Fargo Commercial Land - Crossroads

      Prime Fargo commercial land, high traffic, I-94/I-29 access.
      4155 23Rd Ave, Fargo, ND 58104
      View Details
    • $612,254
      2.56 Acres

      Moorhead Mixed-Use Development Land

      Prime Moorhead location, 111,319 SF, MU-3 zoning.
      3345 3Rd Ave, Moorhead, MN 56560
      View Details
    • $385,000
      2.70 Acres

      Mapleton Commercial Land - I-94 Access

      Prime 2.7-acre commercial lot near Fargo.
      0 Rural Address - 2.5 Ac, Mapleton, ND 58059
      View Details
    • $426,400
      75.00 Acres

      Fargo Commercial Land: 75 Acres

      Prime Commercial Land, South Fargo
      3166 Sienna Dr, Fargo, ND 58104
      View Details
    • $2,753,776
      3.95 Acres

      Fargo Executive Office Land

      Prime Fargo commercial land, high traffic.
      4155 23Rd Ave, Fargo, ND 58104
      View Details
    • $1,199,510

      Fargo Commercial Land - Crossroads

      Prime Fargo commercial land, high traffic, I-94/I-29 access.
      4001 23Rd Ave, Fargo, ND 58104
      View Details
    • $419,000
      2,400 SF

      Thunder Road Industrial Condos

      Fargo, ND Flex Space - Own Your Shop!
      2955 Thunder Rd, Fargo, ND 58104
      View Details
    • $2,265,750
      100.70 Acres

      I-94 Mapleton Development Land

      Prime ND farmland, I-94 access, Fargo proximity.
      0 Rural Address, Mapleton, ND 58059
      View Details
    • $29,950,000
      194,637 SF

      Fargo Industrial Flex Building

      Class A, 195,000 SF, prime location
      4171 24Th Ave, Fargo, ND 58102
      View Details
    • $1,739,089

      Crossroads Commercial Land Parcel

      Fargo, ND prime commercial lot. High traffic, I-94/I-29 access.
      4001 23Rd Ave, Fargo, ND 58104
      View Details
    • $669,682
      1.18 Acres

      Prime Fargo Commercial Land

      1.18-acre lot, ideal location
      3166 Sienna Dr, Fargo, ND 58104
      View Details
    • $987,500
      25.00 Acres

      West Fargo Development Land

      Prime 25-acre development tract near airport.
      0 19Th Ave, Fargo, ND 58078
      View Details
    • Contact for pricing

      4155 23Rd Ave

      Land
      4155 23Rd Ave, Fargo, ND 58104
      View Details
    • $310,005
      3.16 Acres

      Mapleton Industrial Land - I-94 Access

      Prime 3.16-acre industrial lot near Fargo.
      440 Horsch Anderson Ave, Mapleton, ND 58059
      View Details
    • $2,847,510

      Crossroads Commercial Land Parcel

      Fargo, ND prime commercial lot.
      4001 23Rd Ave, Fargo, ND 58104
      View Details
    • $2,753,776

      Crossroads Commercial Land

      Fargo, ND prime commercial lot
      4001 23Rd Ave, Fargo, ND 58104
      View Details
    • $734,977
      3.01 Acres

      Dilworth Commercial Land Opportunity

      Prime 3-acre lot, multifamily potential.
      1213 Center Ave, Dilworth, MN 56529
      View Details
    • $646,811

      Prime Fargo Commercial Land

      58,801 SF Commercial Lot, $11/SF
      3166 Sienna Dr, Fargo, ND 58104
      View Details
    • $2,849,850

      Fargo Commercial Land Opportunity

      Prime Fargo land, high traffic, multiple uses
      4001 23Rd Ave, Fargo, ND 58104
      View Details
    • $2,612,500
      40,314 SF

      Downtown Fargo Warehouse Opportunity

      40,314 SF Warehouse, Prime Location
      720 14Th St, Fargo, ND 58102
      View Details
    • $1,305,512
      2.31 Acres

      Crossroads Commercial Land - Fargo, ND

      Prime Fargo commercial land: build, buy, or lease.
      4155 23Rd Ave, Fargo, ND 58104
      View Details
    • $1,996,000
      40.00 Acres

      West Fargo Development Land

      40 Acres, Prime Location, High Potential
      0 County Road 17, West Fargo, ND 58078
      View Details
    • Contact for pricing
      1.00 Acre

      Fargo Industrial Land - Build-to-Suit

      Prime Fargo industrial land, build-to-suit options.
      3095 42Nd St, Fargo, ND 58102
      View Details

    For Lease (2)

    View map
    • $15 SF/Yr
      73,626 SF

      Bison Block Retail Spaces

      Fargo, ND retail & restaurant space.
      1414 12Th Ave, Fargo, ND 58102
      View Details
    • $24 SF/Yr
      29,716 SF

      Fargo Executive Office Space For Lease

      Class A Office, 6,504 - 13,941 SF Available
      5651 38Th Ave, Fargo, ND 58104
      View Details

    Leases and Sales on Map

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    Andy Westby, Fargo, ND
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Andy Westby, Fargo, ND
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