Listing Agency: Archer Real Estate Services j***@archercommercial.com Show Phone

Listed By: Jay Nelson · License #ND 6934

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 9:25PM

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Investment Insights

Based on property information with market context.

This retail condominium unit is under construction and was scheduled for delivery in early 2022. The property is located at 631 Northern Pacific Avenue in Fargo, North Dakota, within both the Renaissance Zone and an Opportunity Zone. The unit is offered for sale and is also available for lease.

Key Highlights

• Retail condominium unit offered for sale
• Under construction with delivery scheduled for early 2022
• Located in Fargo’s Renaissance Zone

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Discount Store Car Rental Facility

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

8

Businesses Nearby

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

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - New construction in Fargo’s Renaissance Zone and Opportunity Zone.

Where is this retail space located?

The property is located at 631 Northern Pacific Avenue Fargo, ND.

What are key features of this property?

This property features: Retail condominium unit offered for sale; Under construction with delivery scheduled for early 2022; Located in Fargo’s Renaissance Zone