Office Suite in New
3953 51st St S Fargo, ND 58104
For Sale
Contact for pricing
Brookview Offices offers a new office suite at 51st St S with customizable layouts and finishes.
Property Size1,380 SF
Price / SF$336.88
Days on Market121
Property Features for 3953 51st St S
General Information
- Standard status
- Active
- Size
- 1,380 SF
- Property subtype
- Office
Building Details
- Year Built
- 2026
Listing Agency:
Trillogy Real Estate
Listed By:
Brian Kounovsky · License #7221
Source:
Crexi
Added: Mar 25
Changed: Jul 22
Last Checked: Jul 23 at 1:38PM
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 Trillogy Real Estate
Investment Insights
Based on property information with market context.
Brookview Offices is a new development offering office suites designed for growing businesses. The space is available to own or lease and is intended to support customizable layouts and finishes that can be tailored to a tenant or buyer’s brand.
The property is located at 3953 51st St S in Fargo, within the Brookview development at the intersection of 40th Ave and 51st St S.
As part of this new office project, the suite configuration and finishes are presented as customizable, making it suitable for those looking to shape an office environment to their needs.
The property is located at 3953 51st St S in Fargo, within the Brookview development at the intersection of 40th Ave and 51st St S.
As part of this new office project, the suite configuration and finishes are presented as customizable, making it suitable for those looking to shape an office environment to their needs.
Key Highlights
- New office development (Year Built: 2026) at Brookview Offices
- Located at 40th Ave and 51st St S in Fargo
- Offers flexibility to own or lease office space
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 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$299.4K
$261.9K – $349.3K
NOI $20,955 @ 7.0% cap · market cap 4.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Brookview Offices offers a new office suite at 51st St S with customizable layouts and finishes.
Where is this office units located?
The property is located at 3953 51st St S Fargo, ND.
What is the asking price?
The asking price for this property is $464,900.
What are key features of this property?
This property features: New office development (Year Built: 2026) at Brookview Offices; Located at 40th Ave and 51st St S in Fargo; Offers flexibility to own or lease office space
