Modern Commercial Property in
4611 27 Street North Fargo, ND 58102
For Sale
Contact for pricing
Pending
Modern 1500 sq. ft. commercial property in Fargo, ND.
Property Size1,500 SF
Days on Market746
Property Features for 4611 27 Street North
General Information
- Standard status
- Pending
- Size
- 1,500 SF
- Property subtype
- Industrial, Mixed Use, Self Storage
Building Details
- Year Built
- 2024
Listing Agency:
Dakota Commercial Fargo
Listed By:
Neal Beitelspacher · License #ND 8294
Source:
Crexi
Added: Jul 9, 2024
Changed: Jul 10
Last Checked: Jul 23 at 1:17PM
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 Dakota Commercial Fargo
Investment Insights
Based on property information with market context.
This modern commercial property is located in Fargo, ND. Unit 25, with 1500 sq. ft., is immediately available. The unit features a finished interior with a post-frame structure and 18’ sidewalls. It includes a bathroom with ADA compliance, a utility sink, and a 50-gallon water heater. The property is equipped with separate metered service, a ceiling mount gas unit heater, and a 200 Amp electrical panel. Additional features include a concrete parking lot, gutters & downspouts, and R50 ceiling insulation. Designed to City of Fargo standards, this property offers a solid investment opportunity. Access is facilitated by an 80-foot concrete slab between buildings.
Key Highlights
- Immediately available 1500 sq. ft. unit with finished interior
- Prime location in Fargo, ND, designed to City of Fargo standards
- Post‑frame structure with 18’ sidewalls
Financial Insights For Flex RnD
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 | $19.8k | $13.20 |
| − Vacancy | −$1.2k | −$0.79 |
| EGI | $18.6k | $12.41 |
| − OpEx | −$6.5k | −$4.34 |
| NOI | $12.1k | $8.07 |
1,500 SF · lease $13.20/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$172.8K
$151.2K – $201.6K
NOI $12,098 @ 7.0% cap · market cap 5.76%
Second Best
Industrial
$146.1K
$127.9K – $170.5K
NOI $10,228 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$325.4K
$284.7K – $379.6K
NOI $22,777 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Modern 1500 sq. ft. commercial property in Fargo, ND.
Where is this flex space located?
The property is located at 4611 27 Street North Fargo, ND.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Immediately available 1500 sq. ft. unit with finished interior; Prime location in Fargo, ND, designed to City of Fargo standards; Post‑frame structure with 18’ sidewalls
