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    64Th Ave Fargo, ND 58103

    Sponsored
    For Sale
    $10,204,801

    Prime Fargo land, I-29 access, high growth.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 49.32-acre development opportunity is situated on 64th Ave S in Fargo, North Dakota, offering unparalleled access to Interstate 29. The property, encompassing three parcels (10.50 acres, 21.46 acres, and 17.36 acres), presents a unique blend of commercial, industrial, and high-density residential potential, as designated in the City of Fargo's growth plan. The land is priced at $4.75 per square foot, with individual parcel pricing varying from $4.25 to $6.75 per square foot. This strategic location benefits from its proximity to the new Sanford Sports Complex, currently under construction directly to the north. An overpass adjacent to the site was completed in late 2022, enhancing accessibility. While on and off ramps are projected for completion within five years, the current high traffic count on I-29 (17,700 vehicles) already provides significant visibility and accessibility. This presents a rare chance to capitalize on Fargo's thriving economy and robust growth trajectory. The property's APN numbers are 64000001070090 and 64000001070030. The total asking price for the entire 49.32-acre parcel is $10,204,801.

    Property Features for 0 64Th Ave

    General Information

    Property type
    Land
    Lot Size
    2,148,379 SF

    HighLights

    • 10.50‑acre Parcel 1: $6.75/SF
    • 21.46‑acre Parcel 2: $5.00/SF
    • 17.36‑acre Parcel 3: $4.25/SF
    • 49.32‑acre total: $4.75/SF, $10,204,801 asking price
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.8262901
    Latitude
    46.8647086

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    FAQs

    What type of property is this?
    Land - Prime Fargo land, I-29 access, high growth.
    Where is this land located?
    The property is located at 64Th Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $10,204,801.
    What are key features of this property?
    This property features: 10.50-acre Parcel 1: $6.75/SF; 21.46-acre Parcel 2: $5.00/SF; 17.36-acre Parcel 3: $4.25/SF
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    64Th Ave 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
    64Th Ave Fargo, ND 58103
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