4503 39Th Ave Fargo, ND 58102

Property Details for 4503 39Th Ave

Lot size

8.95 lot acres

Property type

Commercial real estate

APN

76-0400-00010-040 and 76-0500-00800-000

Description

This exceptional 8.95-acre parcel presents a remarkable investment opportunity in the thriving Reile's Acres community, situated just outside Fargo, North Dakota. Located at the southwest corner of County Road 20 and 45th Street, this land offers unparalleled potential for various development projects. Currently zoned for both commercial and residential use, the property is ideally suited for a mixed-use development, catering to the growing population of Reile's Acres, which boasts 784 residents and 224 households. The absence of existing commercial businesses within the immediate vicinity creates a unique opportunity to establish a much-needed commercial presence, potentially including a shop and office condo project, subject to necessary city approvals. The property's location within the West Fargo School District is a significant advantage, providing access to excellent schools and convenient bus service to Northern Cass and North Fargo schools. This makes the area particularly attractive to families seeking suburban living with easy access to the amenities of Fargo. The land is priced at $995,000, with a land value of $2.55 per square foot. Parcel numbers 76-0400-00010-040 and 76-0500-00800-000 are included in this offering. This is a prime opportunity to capitalize on the growth and demand in this desirable area. Invest now in this high-potential market and shape the future of Reile's Acres.