Freestanding Open-Concept Office
For Sale
$549,000
4084 53rd Ave S, Fargo, ND 58104
Freestanding office with open layout, expansive windows for natural light, and ample parking.
Property Size1,400 SF
Price / SF$392.14
Days on Market114
Property Features for 4084 53rd Ave S
General Information
Standard status
Active
Size
1,400 SF
Listing Agency:
eXp Realty (3240 WF)
(701) 361-5768
Listed By:
Rachel Rogen
(701) 361-5768
Source:
Exprealty
Added: Apr 9
Changed: Jul 25
Last Checked: Jul 29 at 9:03PM
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 eXp Realty (3240 WF)
Investment Insights
Based on property information with market context.
This freestanding commercial property offers a versatile, open-concept interior designed for customization to your specifications. The space is finished to support an adaptable work environment, and it features expansive windows that bring in abundant natural light.
Located at 4084 53rd Ave S in Fargo, the property sits off the 52nd Ave thoroughfare and includes ample parking to support convenient access for employees and visitors.
With its open layout and light-filled design, the property provides a strong foundation for an office user seeking a refined, configurable space.
Located at 4084 53rd Ave S in Fargo, the property sits off the 52nd Ave thoroughfare and includes ample parking to support convenient access for employees and visitors.
With its open layout and light-filled design, the property provides a strong foundation for an office user seeking a refined, configurable space.
Key Highlights
- 1,400 SF freestanding office with a versatile, open‑concept layout
- Expansive windows for abundant natural light
- Custom‑finished to your specifications
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 | $26.0k | $18.60 |
| − Vacancy | −$4.2k | −$2.98 |
| EGI | $21.9k | $15.62 |
| − OpEx | −$5.5k | −$3.91 |
| NOI | $16.4k | $11.72 |
1,400 SF · lease $18.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$234.4K
$205.1K – $273.4K
NOI $16,405 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$303.7K
$265.7K – $354.3K
NOI $21,259 @ 7.0% cap · market cap 3.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Explore this area
Business Placement
Demographics for 58104, ND
48,150
Population
21,847
Households
2.2
Avg Household Size
32
Median Age
49%
College-Educated
98%
High-School Grad
28.0 sq mi
ZIP Area
1,720
Density / Sq Mi
$85,014
Median Household Income
$51,148
Median Earnings
$1,087
Median Rent
$346,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Freestanding office with open layout, expansive windows for natural light, and ample parking.
Where is this office units located?
The property is located at 4084 53rd Ave S Fargo, ND.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1,400 SF freestanding office with a versatile, open‑concept layout; Expansive windows for abundant natural light; Custom‑finished to your specifications
