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    4155 23Rd Ave Fargo, ND 58104

    For Sale
    $1,291,500

    Prime Fargo commercial land, high traffic, I-94/I-29 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 92,250 square foot commercial land parcel is ideally situated in Fargo, North Dakota, at 4155 23rd Ave S, zip code 58104, within the master-planned Crossroads development. Boasting a highly desirable General Commercial zoning, this property offers unparalleled visibility and accessibility due to its proximity to I-94 and I-29, experiencing combined daily traffic counts exceeding 144,000 vehicles. The location provides easy access off 42nd Street, ensuring convenient ingress and egress for customers and employees. Priced at $1,291,500 ($14/SF), this site presents a unique opportunity for businesses seeking a prominent location in a thriving area. The property's size allows for a large mix of potential uses, including but not limited to professional office, medical facilities, retail establishments, technology companies, educational institutions, and more. The surrounding area features a concentration of hotels, with over 18 hotels and 1650+ hotel rooms within a one-mile radius. Flexible purchase or leaseback options are available to accommodate various business needs and development plans. Don't miss this chance to establish your business in this high-traffic, strategically located commercial development. The lot is conveniently located just one minute from I-94 and three minutes from I-29.

    Property Features for 4155 23Rd Ave

    General Information

    Property type
    Land

    HighLights

    • $1,291,500 asking price for 92,250 square feet of commercial land.
    • General Commercial zoning.
    • $14 per square foot land value.
    • High visibility and traffic counts exceeding 144,000 vehicles daily.
    • Convenient access to I‑94 and I‑29.
    • Multiple lot sizes available for purchase or leaseback.
    Property Profile 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 Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.8486888
    Latitude
    46.8470396

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    FAQs

    What type of property is this?
    Land - Prime Fargo commercial land, high traffic, I-94/I-29 access.
    Where is this land located?
    The property is located at 4155 23Rd Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $1,291,500.
    What are key features of this property?
    This property features: $1,291,500 asking price for 92,250 square feet of commercial land.; General Commercial zoning.; $14 per square foot land value.
    (701) 239-5839
    Request Owner's contact information
    4155 23Rd 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
    4155 23Rd Ave Fargo, ND 58104
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