Versatile Commercial Building in
2501 12th Street N, Fargo, ND 58102
5,000 sq. ft. commercial building in North Fargo.
Type:Special Purpose
Property size:
5,000 SFPrice / SF:
$155/SF- Added:
- Feb 19, 2026
- Days on Market:
- 128
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 2501 12th Street N
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Special Purpose
Listing office CENTURY 21 FM Realty
Listing date Feb 19, 2026
Source Crexi
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 CENTURY 21 FM Realty
HighLights
- Prime location in highly desirable North Fargo, near the airport and NDSU.
- Versatile 5,000 sq. ft. building suitable for office and warehouse/shop use.
- Features six private offices, reception, and conference areas.
- Includes approximately 2,000 sq. ft. of warehouse/shop space.
- Excellent accessibility to major roadways, airport, and university.
- Ideal for contractors, technology firms, trade services, logistics companies, or growing local businesses.
Overview
This 5,000 sq. ft. commercial building is located in North Fargo, near the airport and North Dakota State University. The property features a blend of professional office space and functional warehouse/shop space. The front portion includes six private offices, suitable for administrative teams, client meetings, or collaborative workspace, with space for reception and conference areas. The rear of the building offers approximately 2,000 sq. ft. of warehouse/shop space, suitable for storage, light manufacturing, service operations, or distribution. This property is a fit for contractors, technology firms, trade services, logistics companies, or growing local businesses. The location provides accessibility for employees, clients, and vendors, with easy access to major roadways in a commercial corridor. This property is positioned to support business growth in North Fargo's business district.
Local Financial Insights For Office B
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 | $93.0k | $18.60 |
| − Vacancy | −$14.9k | −$2.98 |
| EGI | $78.1k | $15.62 |
| − OpEx | −$19.5k | −$3.91 |
| NOI | $58.6k | $11.72 |
5,000 SF · lease $18.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$837.0K
$732.4K – $976.5K
NOI $58,590 @ 7.0% cap · market cap 7.56%
Second Best
Warehouse
$629.5K
$550.8K – $734.4K
NOI $44,064 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$1.08M
$949.1K – $1.27M
NOI $75,924 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Places Nearby
- Brew Catering & Events — 1213 Northern Pacific Ave Suite 101, Fargo, ND 58102
- Oven Door Catering Services — 1338 3rd Ave N, Fargo, ND 58102
- Ade's Cuisine — 1407 1st Ave N, Fargo, ND 58102
- Sugar Hill Catering — 1407 1st Ave N, Fargo, ND 58102
- The Juan and Only — Broadway N, Fargo, ND 58102
Location Insight
- Map
- Local Demand
- City
- Fargo
- County
- Cass
- State
- North Dakota
- Longitude
- -96.7958157
- Latitude
- 46.9102369
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 5,000 sq. ft. commercial building in North Fargo.
Where is this flex space located?
The property is located at 2501 12th Street N Fargo, ND.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Prime location in highly desirable North Fargo, near the airport and NDSU.; Versatile 5,000 sq. ft. building suitable for office and warehouse/shop use.; Features **six private offices, reception, and conference areas.**
