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    3003 32Nd Ave Fargo, ND 58103

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Fargo location, flexible suites, near Essentia Hospital

    Lot size:
    39,224 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story office building, totaling 39,224 square feet, presents a unique investment opportunity in Fargo, North Dakota. Situated at 3003 32nd Ave S, this property enjoys a highly desirable location, sharing an intersection with the substantial 384,461 square foot Essentia Hospital. The building's convenient access to 32nd Avenue, between 25th Street and I-29, ensures excellent visibility and accessibility. Constructed in 2002, the building is situated within a thriving, fully developed neighborhood featuring a blend of residential and commercial properties. The property is currently configured as a single-tenant space, offering flexible suite sizes ranging from 2,000 to 4,985 square feet. Previously utilized as a medical office, the space boasts a spacious reception area, a dedicated procedure room, and multiple exam rooms, each complemented by private offices. This versatile property is ideally suited for a variety of medical or traditional office uses, capitalizing on its strategic location and proximity to a major medical facility. Located in Cass County, North Dakota, and boasting a 58103 zip code, this property offers a compelling combination of location, size, and functionality.

    Property Features for 3003 32Nd Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,224 SF
    Total Rate
    47395.67

    Building Details

    Year Built
    2002

    Unit(s) available at that property

    Space
    Size
    4,985 SF
    Rate per SF
    $14
    Property Profile Location Intelligence

    Current Use by Public Records

    AV Dental Denture Care Center Great Wall Chinese ... Chinese Restaurant DH Glabe & Associates Structural Engineer Hanger Clinic: Prosthetics ... Orthotics & Prosthetics Service Farmers Insurance - Donald ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -96.8280047
    Latitude
    46.8330437

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    FAQs

    What type of property is this?
    Medical office - Prime Fargo location, flexible suites, near Essentia Hospital
    Where is this medical office located?
    The property is located at 3003 32Nd Ave Fargo, ND.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    Request Owner's contact information
    3003 32Nd Ave Fargo, ND 58103
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    Fargo, ND 58103
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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
    3003 32Nd Ave Fargo, ND 58103
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