901 13th Ave E West Fargo, ND 58078
Two-story bank building on 4+ acres in West Fargo.
Property Features for 901 13th Ave E
General Information
- Standard status
- Active
- Size
- 23,849 SF
- Lot size
- 4.00 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1978
Listing office Goldmark Commercial Real Estate Inc (701) 235-2920
Listing date Apr 29, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Goldmark Commercial Real Estate Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on the hard corner of 13th Ave and 9th St E in West Fargo with high visibility.
- Oversized 4+ acre park‑like property with redevelopment potential.
- 23,000+ SF building with two floors and six drive‑up lanes.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $297.6k | $12.48 |
| − Vacancy | −$89.3k | −$3.74 |
| EGI | $208.3k | $8.74 |
| − OpEx | −$52.1k | −$2.18 |
| NOI | $156.3k | $6.55 |
