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    315 5Th St N Fargo, ND 58102

    For Sale
    $2,250,000

    Renovated 25,000 SF building with flexible occupancy options.

    Property size:
    25,000 SF
    Lot size:
    0.48 Acres

    Property Features for 315 5Th St N

    General Information

    Size
    25,000 SF
    Lot size
    0.48 Acres

    Source: Horizon Real Estate Group Agent Brian Tulibaski, MBA

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

    Overview

    Historic Fargo Building For Sale

    Located at 315 5th Street North in Fargo, ND, this historic building offers a prime investment opportunity. Constructed in 1927 and meticulously renovated in 2018, the 25,000 SF property combines timeless charm with modern functionality. The building is currently 100% occupied. It features flex and manufacturing space, along with a large basement, adding versatility and potential for expansion. The seller currently occupies the Praireland Ag space in Suites E, F, G, and H, and is flexible in vacating some or all of this space to accommodate a new owner. Additionally, the seller will entertain a leaseback of some of the flex and office space, providing additional flexibility for potential investors or an owner-user. This property is suited for an office or office building investor.
    Insight Report Location Intelligence

    Current Use by Public Records

    Prairieland AG Agricultural Service J K Engineers Engineer Lauritsen & Associates Financial Planner

    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
    -96.7858833
    Latitude
    46.8796802

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    FAQs

    What type of property is this?
    Office building - Renovated 25,000 SF building with flexible occupancy options.
    Where is this office building located?
    The property is located at 315 5Th St N Fargo, ND.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - 100% Occupancy: Provides immediate and consistent income.; - Renovated Historic Building: Classic architecture meets modern functionality thanks to a 2018 renovation.; - Flexible Seller Options: Seller is flexible in vacating or leasing back space.
    (701) 478-7600
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    315 5Th St 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
    315 5Th St N Fargo, ND 58102
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