Warehouse with LED
4934 41st Street North, Fargo, ND 58102
For Sale
Contact for pricing
Recently upgraded lighting and exterior steel cladding serve the warehouse facility.
Property Size3,000 SF
Lot Size2.37 Acres
Price / SF$306.67
Days on Market9
Property Features for 4934 41st Street North
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Additional Details
Warehouse Space
Property Use
Building Details
Building Size
Listing Agency:
Property Resources Group
Listed By:
Brendan Muldoon · License ND #6911
(701) 318-2699
Source:
Crexi
Added: Nov 4
Changed: Nov 10
Last Checked: Nov 12 at 5:11AM
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 Property Resources Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse contains 3,000 square feet of space, with 16-foot side walls and a 14-foot overhead door. Recent improvements include replacement steel sheeting and LED lighting.
The property is located at 4934 41st Street North in Fargo, North Dakota.
The property is located at 4934 41st Street North in Fargo, North Dakota.
Key Highlights
- 3,000 SF warehouse
- 16’ side walls
- 14’ overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,438
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,760
$528.8K
Cap Rate 7%
$377,686
$377.7K
Cap Rate 9%
$293,756
$293.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$32.4K $10.80/SF
− Vacancy
−$1.3K −$0.43/SF
EGI
$31.1K $10.37/SF
− OpEx
−$4.7K −$1.56/SF
NOI
$26.4K $8.81/SF
Area
Fargo, ND
Vacancy
4.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,760
Cap Rate 7%
$377,686
Cap Rate 9%
$293,756
Alternative Uses
Best Use
Warehouse
$377.7K
$330.5K – $440.6K
NOI $26,438 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$650.8K
$569.4K – $759.2K
NOI $45,554 @ 7.0% cap · market cap 4.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 58102, ND
30,767
Population
16,757
Households
1.8
Avg Household Size
32
Median Age
45%
College-Educated
95%
High-School Grad
31.6 sq mi
ZIP Area
974
Density / Sq Mi
$56,028
Median Household Income
$31,939
Median Earnings
$829
Median Rent
$235,600
Median Home Value
Market
Properties on Market for Warehouses in Fargo
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Premiere Storage — 3740 51st Ave S, Fargo, ND 58104
- Moving Team Six Moving and Storage — 4101 38th St S, Fargo, ND 58104
- 40th Avenue Storage — 3955 40th Ave S SW, Fargo, ND 58104
- Five Star Storage — 3955 40th Ave S, Fargo, ND 58104
Frequently Asked Questions
What type of property is this?
Warehouse - Recently upgraded lighting and exterior steel cladding serve the warehouse facility.
Where is this warehouse located?
The property is located at 4934 41st Street North Fargo, ND.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: 3,000 SF warehouse; 16’ side walls; 14’ overhead door
