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    512 1St Ave N Fargo, ND 58102

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    For Lease
    $495,000

    Historic downtown property available for rent in Fargo, North Dakota.

    Property size:
    2,025 SF
    Lot size:
    0.05 Acres

    Property Features for 512 1St Ave N

    General Information

    Size
    2,025 SF
    Lot size
    0.05 Acres

    Source: Archer Real Estate Services Agent Jay Nelson

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

    Overview

    Historic Downtown Property For Rent

    This historic downtown property, located in Fargo's Renaissance Zone, is available for rent. The property is zoned DMU and features a new roof with 7 skylights. The property has a size of 2025 square feet.
    Location Intelligence

    Current Use by Public Records

    Bresette Robin J ... Doctor Thorndike Lori L ... Doctor North Dakota WIN ... Non-Profit Organization Almost A Ghost Tattoo ... Tattoo Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.7868784
    Latitude
    46.8766839

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    FAQs

    What type of property is this?
    Office building - Historic downtown property available for rent in Fargo, North Dakota.
    Where is this office building located?
    The property is located at 512 1St Ave N Fargo, ND.
    What are key features of this property?
    This property features: - Historic downtown property.; - Located in Fargo's Renaissance Zone.; - Zoned DMU (Downtown Mixed Use).
    (701) 356-5099
    Request Owner's contact information
    512 1St 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
    512 1St Ave N Fargo, ND 58102
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