Listing Agency: Core Property Group j***@corepropertygroup.com Show Phone

Listed By: John Lillestol · License #ND 9589

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:06AM

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Investment Insights

Based on property information with market context.

This flex space combines office and shop areas across two separate parcels. The buildings are currently connected by a walkway, with the ability to separate them in the future if needed. Signage opportunities are available along 52nd Avenue South. The property is located at 5474 51st Ave S in Fargo, North Dakota.

Key Highlights

• Office and shop areas configured as a flex space
• Two separate parcels connected by a walkway
• Buildings can be separated in the future if needed

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Hair Salon Law Firm Auto Parts Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

262

Businesses Nearby

Balanced

Demand for This Use

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

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Two parcels are linked by a walkway and offer future separation capability.

Where is this flex space located?

The property is located at 5474 51st Ave S Fargo, ND.

What are key features of this property?

This property features: Office and shop areas configured as a flex space; Two separate parcels connected by a walkway; Buildings can be separated in the future if needed