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    665 12Th Ave West Fargo, ND 58078

    Sponsored
    For Sale
    $12,919,500

    60-Acre Heavy Industrial Tract, Ready to Develop

    Property size:
    217,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 60-acre heavy industrial site in West Fargo, North Dakota, presents a unique development opportunity. Located at 665 12th Ave NW, 58078, this property boasts over 2 million square feet of potential development space (217,800 - 2,610,000 sq ft), zoned M - Heavy Industrial. The asking price is $12,919,500, translating to $4.95 per square foot. Situated conveniently near the intersection of 12th Ave N and 7th Ave NW, it offers easy access to Main Ave and I-94, ensuring excellent transportation links. The site features a new concrete roadway and infrastructure along its southern border on 7th Ave NW, connecting to the arterial roadway of 12th Ave N at its northern border. All wetlands mitigation is complete, and the property is outside the floodplain, already meeting required elevation standards. Over $100,000 has been invested in design and engineering, with preliminary plats available. The site can accommodate either a single large user or multiple smaller users. Adding to its appeal, three acres currently generate income from an existing land lease. This prime location in West Fargo's expanding north side offers significant potential for immediate development and long-term growth. The APN is 02-3850-00010-000.

    Property Features for 665 12Th Ave

    General Information

    Property type
    Land
    Square Feet
    217,800 SF
    Lot Size
    2,609,244 SF

    HighLights

    • 60‑acre heavy industrial site in West Fargo, ND, with over 2 million square feet of potential development.
    • New concrete roadway and infrastructure on 7th Ave NW.
    • Minutes from Main Avenue and I‑94 interchange.
    • M‑Heavy Industrial zoning.
    • All wetlands mitigation complete.
    • Suitable for single large user or multiple smaller users.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.9119889
    Latitude
    46.891311

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    FAQs

    What type of property is this?
    Land - 60-Acre Heavy Industrial Tract, Ready to Develop
    Where is this land located?
    The property is located at 665 12Th Ave West Fargo, ND.
    What is the asking price?
    The asking price for this property is $12,919,500.
    What are key features of this property?
    This property features: 60-acre heavy industrial site in West Fargo, ND, with over 2 million square feet of potential development.; New concrete roadway and infrastructure on 7th Ave NW.; Minutes from Main Avenue and I-94 interchange.
    Request Owner's contact information
    665 12Th Ave West Fargo, ND 58078
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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
    665 12Th Ave West Fargo, ND 58078
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