615 9th Ave S, Fargo, ND
Retail property featuring advanced systems and ample electrical supply.
- Added:
- Apr 18, 2025
- Days on Market:
- 436
- Last Refresh:
- May 19 at 10:57 pm
Property Features for 615 9th Ave S
General Information
- Standard status
- Active
- Size
- 1,728 SF
- Lot size
- 0.05 Acres
- Property subtype
- RETAIL
Listing office JBC Commercial (701) 929-6000
Listing date Apr 18, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of JBC Commercial
HighLights
- State‑of‑the‑art jet dust collection system installed.
- Features an advanced Wen filtration system.
- Boasts a robust 240 AMP electrical supply.
- Includes a dedicated spray booth.
- Special electrical for kiln use available.
- Two restrooms on the premises.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.9k | $15.00 |
| − Vacancy | −$1.6k | −$0.90 |
| EGI | $24.4k | $14.10 |
| − OpEx | −$7.3k | −$4.23 |
| NOI | $17.1k | $9.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fargo
- County
- Cass
- State
- North Dakota
- Longitude
- -96.7897
- Latitude
- 46.866