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    2202 5Th Ave Fargo, ND 58102

    Sponsored
    For Sale
    $1,500,000

    10,116 SF Warehouse, 2.07 Acres

    Property size:
    10,116 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Fargo, North Dakota property presents a unique investment opportunity. Located at 2202 5th Ave N, this 2.07-acre site includes a substantial 10,116 square foot warehouse, built in 1967. The warehouse itself offers high ceilings and ample space, complemented by significant office areas, making it suitable for a variety of commercial uses. The land offers significant development potential, with a land value of $16.60 per square foot, reflecting its prime location in Cass County. The asking price for this combined warehouse and land parcel is $1,500,000. The property's size and location in Fargo, zip code 58102, provide excellent access to transportation routes and a thriving local economy. This versatile property is ideal for businesses seeking a combination of existing warehouse space and significant room for expansion or redevelopment. Don't miss this chance to acquire a substantial property with both immediate usability and long-term growth potential. The property is classified as Retail, Industrial, and Land, offering flexibility for diverse business needs. This is a rare opportunity to acquire a large, well-located property in a growing market.

    Property Features for 2202 5Th Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    10,116 SF
    Lot Size
    90,169 SF

    Building Details

    Year Built
    1967

    HighLights

    • $1,500,000 asking price.
    • 10,116 square foot warehouse on 2.07 acres.
    • Located at 2202 5th Ave N, Fargo, ND 58102.
    • Built in 1967.
    • Features high ceilings, spacious warehouse, and abundant office space.
    • Land value: $16.60/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotel Hotel Berg Grain & Produce Trucking Company

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.8158199
    Latitude
    46.8810078

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    FAQs

    What type of property is this?
    Distribution property - 10,116 SF Warehouse, 2.07 Acres
    Where is this distribution property located?
    The property is located at 2202 5Th Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; 10,116 square foot warehouse on 2.07 acres.; Located at 2202 5th Ave N, Fargo, ND 58102.
    Request Owner's contact information
    2202 5Th Ave Fargo, ND 58102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2202 5Th Ave Fargo, ND 58102
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