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    505 3Rd Ave N Fargo, ND 58102

    For Sale
    $900,000

    Former Legion Building in downtown Fargo, across from RDO Tower.

    Property size:
    22,642 SF
    Lot size:
    0.48 Acres

    Property Features for 505 3Rd Ave N

    General Information

    Size
    22,642 SF
    Lot size
    0.48 Acres

    Source: Property Resources Group Agent Justin Gustofson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Fargo Legion Building For Sale

    The former Legion Building, encompassing 22642 square feet, is available for sale in downtown Fargo. The building is located directly across from the new RDO Tower, a newly constructed mid-rise, mixed-use tower that serves as the headquarters for R.D. Offutt Company. RDO Tower also includes ground floor retail, a boutique hotel, restaurant, and residential condominiums. This property may qualify for Renaissance Zone or Opportunity Zone tax benefits.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Legion Veterans Organization Legacy Ballroom Event Venue

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.7866322
    Latitude
    46.8793456

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    FAQs

    What type of property is this?
    Apartment building - Former Legion Building in downtown Fargo, across from RDO Tower.
    Where is this apartment building located?
    The property is located at 505 3Rd Ave N Fargo, ND.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Prime downtown Fargo location directly across from the new RDO Tower.; - Proximity to RDO Tower's mix-use amenities: retail, boutique hotel, restaurant, and residential condominiums.; - Potential qualification for Renaissance Zone tax benefits.
    (701) 238-7370
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    505 3Rd Ave N Fargo, ND 58102
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    Fargo, ND 58102
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    505 3Rd Ave N Fargo, ND 58102
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