Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4001 23Rd Ave Fargo, ND 58104

    For Sale
    $3,010,371

    Prime Fargo land, high traffic, build-to-suit options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 231,567 square foot commercial land parcel in Fargo, North Dakota, presents a remarkable investment opportunity. Located at 4001 23rd Ave S, 58104, this property boasts unparalleled visibility and accessibility, situated adjacent to I-94 and I-29 interstates, with daily traffic counts exceeding 144,000 vehicles. The site is conveniently located off 42nd Street in the master-planned Crossroads development, a thriving commercial area with over 18 hotels and 1650+ hotel rooms within a one-mile radius. Zoned for General Commercial use, this land offers a multitude of development possibilities, including professional office, medical, retail, technology, and educational facilities. The asking price is $3,010,371, translating to $13 per square foot. Lot sizes range from 0.7 to 10+ acres, providing flexibility for various project scales. Owners can choose to build their own facility or explore build-to-suit options with flexible leaseback terms. Don't miss this chance to establish your business in a high-traffic, highly visible location within a beautifully planned commercial setting. This property offers unmatched access and visibility to two major interstate systems, ensuring maximum exposure for any development.

    Property Features for 4001 23Rd Ave

    General Information

    Property type
    Land

    HighLights

    • $3,010,371 asking price for 231,567 square feet of commercial land.
    • General Commercial zoning.
    • $13/SF land value.
    • High visibility and traffic counts (over 144,000 vehicles daily) due to proximity to I‑94 and I‑29.
    • Easy access from 42nd Street.
    • Multiple lot sizes available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop 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
    -96.8559399
    Latitude
    46.8440404

    Nearby Similar for Sale

    • $350,000
      13,270 SF

      Historic Downtown Office/Retail Space

      Renovated historic building with high visibility and flexible floor plans.
      627 Northern Pacific Ave, Fargo, ND
      View Details
    • $3,900,000
      2,325 SF

      New Construction NNN Restaurant

      New construction restaurant with a long-term lease and zero responsibilities.
      3971 53Rd Ave S, Fargo, ND 58104
      View Details
    • $2,250,000
      25,000 SF

      Historic Fargo Building For Sale

      Renovated 25,000 SF building with flexible occupancy options.
      315 5Th St N, Fargo, ND 58102
      View Details
    • $1,670,761
      7,200 SF

      Retail Center on 25th Street

      Fully occupied retail center in high-traffic Fargo location.
      1326 25Th St S, Fargo, ND 58103
      View Details
    • $3,377,026
      46,606 SF

      Fargo Industrial and Storage Portfolio

      Diverse industrial and self-storage portfolio in a prime Fargo location.
      1717 1St Ave N, Fargo, ND 58103
      View Details
    • $2,375,500
      4,200 SF

      Mixed-Use Property with Multifamily Units

      Retail space with multifamily units and established tenant.
      228 Broadway N, Fargo, ND 58102
      View Details

    FAQs

    What type of property is this?
    Land - Prime Fargo land, high traffic, build-to-suit options.
    Where is this land located?
    The property is located at 4001 23Rd Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $3,010,371.
    What are key features of this property?
    This property features: $3,010,371 asking price for 231,567 square feet of commercial land.; General Commercial zoning.; $13/SF land value.
    (701) 239-5839
    Request Owner's contact information
    4001 23Rd Ave Fargo, ND 58104
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4001 23Rd Ave
    Fargo, ND 58104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4001 23Rd Ave Fargo, ND 58104
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.