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

Listed By: Jeremy Horst · License #ND 8209

Source: Crexi

Added: May 21, 2024 Changed: Aug 21 Last Checked: Aug 29 at 7:51PM

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Investment Insights

Based on property information with market context.

This is a newly built free standing steel building. The property is situated just off 52nd Avenue South and Veterans Boulevard. It occupies a 1.25-acre lot, which provides outdoor storage area and the possibility of constructing an additional building or expanding the existing one. The lot is nearly entirely paved with concrete.

Key Highlights

• 1.25 acres of land
• Newly built free standing steel building
• Located just off 52nd Avenue South and Veterans Boulevard

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick Law Firm Garden Center Hair Salon Big Box & Wholesale Store Auto Parts Store (Bike/Boat/Book/etc) Store

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

224

Businesses Nearby

Well-served

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 Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Warehouse - New 5,000 sqft steel building on 1.25 acres.

Where is this warehouse located?

The property is located at 5508 53rd Ave S Fargo, ND.

What is the asking price?

The asking price for this property is $1,625,000.

What are key features of this property?

This property features: 1.25 acres of land; Newly built free standing steel building; Located just off 52nd Avenue South and Veterans Boulevard