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    4001 23Rd Ave Fargo, ND 58104

    For Sale
    $1,199,510

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

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial land parcel, located at 4001 23rd Ave, Fargo, ND 58104, presents a remarkable investment opportunity. Encompassing 92,270 square feet, this property is zoned for General Commercial use and boasts unparalleled visibility due to its strategic location adjacent to I-94 and I-29 interstates. Daily traffic counts exceed 144,000 vehicles, ensuring maximum exposure for any development. The site offers easy access off 42nd Street and is situated within the beautifully master-planned Crossroads development, a thriving commercial area with over 18 hotels and 1650+ hotel rooms within a one-mile radius. This prime location is just one minute from I-94 and three minutes from I-29, providing unmatched accessibility and visibility. The property is suitable for a wide range of commercial uses, including professional offices, medical facilities, retail establishments, technology companies, educational institutions, and more. Flexible options are available, allowing for purchase and build-out or build-to-suit arrangements with leaseback terms. Don't miss this chance to establish your business in a high-traffic, highly visible location within a flourishing commercial development. The asking price is $1,199,510.

    Property Features for 4001 23Rd Ave

    General Information

    Property type
    Land

    HighLights

    • $1,199,510 asking price for 92,270 square feet of commercially zoned land.
    • High visibility and easy access from 42nd Street and I‑94/I‑29.
    • Multiple lot sizes available for purchase or leaseback.
    • Suitable for various commercial uses, including office, medical, retail, and more.
    • Located in a master‑planned development near 18 hotels and 1650+ hotel rooms.
    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

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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 4001 23Rd Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $1,199,510.
    What are key features of this property?
    This property features: $1,199,510 asking price for 92,270 square feet of commercially zoned land.; High visibility and easy access from 42nd Street and I-94/I-29.; Multiple lot sizes available for purchase or leaseback.
    (701) 239-5839
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    4001 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
    4001 23Rd Ave Fargo, ND 58104
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