Office Condo
3901 S 51 Street S Fargo, ND 58104
3901 S 51 Street S, Fargo, ND, 58104
$449,900
For Sale
$449,900
For sale office condo development with 18 units, designed for professional ownership in southside Fargo.
Property Size1,380 SF
Price / SF$326.01
Days on Market256
Property Features for 3901 S 51 Street S
General Information
- Standard status
- Active
- Size
- 1,380 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2026
Listing agency
252663
(701) 361-5948
Listed by
Brian Kounovsky
(701) 361-5948
Source
Xome
Added: Nov 8, 2025 Updated: Jul 22 at 6:12AM Checked: Jul 22 at 6:12AM
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 252663
Investment Insights
Based on property information with market context.
Brookview Office Condos is a for-sale office condo development featuring 18 office units with a modern, flexible design intended to support business ownership. The property is listed at 1,380 (per the provided property information) and is presented as a turnkey-style setup for professionals seeking to own their space.
The building is located in southside Fargo at 3901 S 51 Street S, Fargo, ND 58104. It is offered as a collection of individual office units within one development, giving buyers the option to acquire an office condo as their workplace while remaining within a shared property structure.
The building is located in southside Fargo at 3901 S 51 Street S, Fargo, ND 58104. It is offered as a collection of individual office units within one development, giving buyers the option to acquire an office condo as their workplace while remaining within a shared property structure.
Key Highlights
- Brookview Office Condos office condo development in southside Fargo along 40th Ave S
- Planned for 18 office units
- Year built: 2026
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 | $25.7k | $18.60 |
| − Vacancy | −$4.1k | −$2.98 |
| EGI | $21.6k | $15.62 |
| − OpEx | −$5.4k | −$3.91 |
| NOI | $16.2k | $11.72 |
1,380 SF · lease $18.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$231.0K
$202.1K – $269.5K
NOI $16,171 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$299.4K
$261.9K – $349.3K
NOI $20,955 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - For sale office condo development with 18 units, designed for professional ownership in southside Fargo.
Where is this office units located?
The property is located at 3901 S 51 Street S Fargo, ND.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Brookview Office Condos office condo development in southside Fargo along 40th Ave S; Planned for 18 office units; Year built: 2026
