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    5461 38Th St S Fargo, ND 58104

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    For Sale
    Contact for pricing

    Land with high visibility, suitable for retail, office, multifamily.

    Lot size:
    11.97 Acres

    Property Features for 5461 38Th St S

    General Information

    Lot size
    11.97 Acres

    Source: Horizon Real Estate Group Agent David Schlossman, CCIM

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

    Overview

    Fargo Land for Diverse Development

    This land offers great visibility and access from 52nd Avenue, with premier build-to-suit options available. The location is directly across from a high-performing Walmart store that attracts approximately two million annual customers. An onsite retention pond is available. The land is situated outside of the FEMA 100-year flood plain. A new 64th Overpass provides convenient connectivity to residential neighborhoods. The property is in close proximity to the new Sanford Sports Complex, North Dakota State College for Science, headquarters for Fargo Park District, Hospice of the Red River Valley, KingPinz, and retailers such as Starbucks, Aldi, and Panda Express. The wide-open land concept allows for potential uses such as retail, multi-family, office, and medical facilities. Specific lots are designated for various uses: Lot A is 48,890 square feet for retail, Lot B is 66,70 square feet for retail, Lot C is 64,300 square feet for office space, and Lot D is 342,181 square feet for multifamily development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.847074
    Latitude
    46.800727

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    FAQs

    What type of property is this?
    Commercial land - Land with high visibility, suitable for retail, office, multifamily.
    Where is this commercial land located?
    The property is located at 5461 38Th St S Fargo, ND.
    What are key features of this property?
    This property features: - High-traffic location directly across from a top-performing Walmart store attracting nearly two million annual customers.; - Premier build-to-suit options available, offering customization for potential buyers.; - Wide open land concept allowing many potential uses such as retail, multi-family, office, and medical.
    (701) 478-7600
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    5461 38Th St S Fargo, ND 58104
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    Fargo, ND 58104
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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
    5461 38Th St S Fargo, ND 58104
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