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    5508 53Rd Ave Fargo, ND 58104

    Sponsored
    For Sale
    $1,625,000

    Prime Fargo warehouse, 1.25 acres, $1.625M

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,000-square-foot warehouse building presents a rare investment opportunity in Fargo, North Dakota. Located at 5508 53rd Ave S, 58104, this newly constructed free-standing steel structure sits on a substantial 1.25-acre lot, offering ample outdoor storage space. The property's strategic location just off 52nd Avenue South and Veterans Boulevard provides excellent accessibility. The nearly entirely paved concrete lot maximizes usability and minimizes maintenance. The asking price is $1,625,000, translating to $325 per square foot. This property's size and location make it ideal for a variety of industrial uses, and the expansive lot allows for future expansion or the construction of additional buildings. Don't miss this unique opportunity to acquire a high-quality, well-situated warehouse in a thriving market. The property is classified as industrial, with a warehouse subtype. Cass County location offers further advantages.

    Property Features for 5508 53Rd Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    5,000 SF

    HighLights

    • $1,625,000 asking price for a 5,000 square foot warehouse.
    • Located in Fargo, North Dakota, at 5508 53rd Ave S, zip code 58104.
    • Newly constructed free‑standing steel building on a 1.25‑acre lot.
    • Features ample outdoor storage and paved concrete lot.
    • $325 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts 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
    -96.87807975
    Latitude
    46.80243934

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    FAQs

    What type of property is this?
    Distribution property - Prime Fargo warehouse, 1.25 acres, $1.625M
    Where is this distribution property located?
    The property is located at 5508 53Rd Ave 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: $1,625,000 asking price for a 5,000 square foot warehouse.; Located in Fargo, North Dakota, at 5508 53rd Ave S, zip code 58104.; Newly constructed free-standing steel building on a 1.25-acre lot.
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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
    5508 53Rd Ave Fargo, ND 58104
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