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    5500 32Nd Ave Fargo, ND 58104

    Sponsored
    For Sale
    $3,317,592

    Prime Fargo location, 138,233 SF, build-to-suit options.

    Property size:
    138,233 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 138,233 square foot commercial lot, located at 5500 32nd Ave S in Fargo, North Dakota, presents a unique investment opportunity. Zoned for commercial use, this property is ideally suited for retail, office, or mixed-use development. The asking price is $3,317,592, translating to $24 per square foot. Situated within the burgeoning Brandt Crossing development in South Fargo, this site benefits from its prime location within a planned community encompassing retail, office, and multi-family components. The property's APN is 01-8641-00500-000. The lot size is 138,233 square feet, and while currently listed as a single parcel, the possibility of subdivision exists, with pricing adjusted accordingly based on the size and location of the subdivided parcels. This presents flexibility for developers seeking various project scales. This is an excellent opportunity to capitalize on the growth and vibrancy of South Fargo's commercial sector. The property is located in Cass County, North Dakota, with a zip code of 58104.

    Property Features for 5500 32Nd Ave

    General Information

    Property type
    Land
    Square Feet
    138,233 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.8769708
    Latitude
    46.8329467

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    FAQs

    What type of property is this?
    Land - Prime Fargo location, 138,233 SF, build-to-suit options.
    Where is this land located?
    The property is located at 5500 32Nd Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $3,317,592.
    Request Owner's contact information
    5500 32Nd Ave Fargo, ND 58104
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    Fargo, ND 58104
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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
    5500 32Nd Ave Fargo, ND 58104
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