Office Condominium
3917 S 51 Street Fargo, ND 58104
3917 S 51 Street, Fargo, ND, 58104
$524,900
For Sale
$524,900
Brookview Office Condos offer office condo ownership with a layout designed for five offices, a conference room, and two bathrooms.
Property Size1,800 SF
Price / SF$291.61
Days on Market410
Property Features for 3917 S 51 Street
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Office
Building Details
- Year Built
- 2025
Listing agency
252663
(701) 361-5948
Listed by
Brian Kounovsky
(701) 361-5948
Source
Xome
Added: Jun 8, 2025 Updated: Jul 22 at 10:58AM Checked: Jul 22 at 10:58AM
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 presents a modern, flexible office condo opportunity within a development of 18 office units. One described interior layout includes five offices, a conference room, and two bathrooms, with a floorplan that can be modified to fit the user’s needs.
The property is located at 3917 S 51 Street in Fargo, ND, on the south side of Fargo along 40th Ave S, with local county involvement noted in the remarks. Buyers should plan to verify taxes, as stated in the provided information.
This offering is positioned for professional use with condo ownership rather than rental occupancy, supporting businesses looking for ownership of office space.
The property is located at 3917 S 51 Street in Fargo, ND, on the south side of Fargo along 40th Ave S, with local county involvement noted in the remarks. Buyers should plan to verify taxes, as stated in the provided information.
This offering is positioned for professional use with condo ownership rather than rental occupancy, supporting businesses looking for ownership of office space.
Key Highlights
- Brookview Office Condos in Fargo with a five‑office layout plus a conference room
- Includes 2 bathrooms and office‑ready interior plan for tenant/professional use
- Central air cooling and heating system listed
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 | $33.5k | $18.60 |
| − Vacancy | −$5.4k | −$2.98 |
| EGI | $28.1k | $15.62 |
| − OpEx | −$7.0k | −$3.91 |
| NOI | $21.1k | $11.72 |
1,800 SF · lease $18.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$301.3K
$263.7K – $351.5K
NOI $21,092 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$390.5K
$341.7K – $455.6K
NOI $27,333 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Brookview Office Condos offer office condo ownership with a layout designed for five offices, a conference room, and two bathrooms.
Where is this office units located?
The property is located at 3917 S 51 Street Fargo, ND.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Brookview Office Condos in Fargo with a five‑office layout plus a conference room; Includes 2 bathrooms and office‑ready interior plan for tenant/professional use; Central air cooling and heating system listed
