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    4171 24Th Ave Fargo, ND 58102

    Sponsored
    For Sale
    $29,950,000

    Class A, 195,000 SF, prime location

    Property size:
    194,637 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A industrial flex building, totaling 194,637 square feet, presents a unique investment opportunity in Fargo, North Dakota. Situated on an 11.74-acre lot in a prime location near I-29, this 2020-built facility offers unparalleled versatility. The property features 20,000+ square feet of Class A office space, boasting a modern design with high-end finishes, including open floor plans, multiple offices, conference rooms, and a mother's room. A substantial 96,000+ square feet of warehouse/distribution space includes 12 dock-high doors, 30-foot sidewalls, LED lighting, and reinforced concrete floors. Additionally, 40,000+ square feet of flexible manufacturing space is directly connected to the warehouse, featuring 25-31 foot high ceilings and drive-in doors. A 5,000-square-foot showroom with floor-to-ceiling glass provides excellent display capabilities. Employee amenities are extensive, including a fully equipped cafeteria, a professional gym with seven private showers, a half-court basketball court, and four EV charging stations. The building boasts a 3000-amp electrical service, ESFR sprinklers, and a solar panel system generating approximately 90,390 kWh annually. With 208 parking spaces, including approximately 25 trailer stalls, and a 28-33.5-foot clear height range, this property is ideally suited for a variety of businesses seeking a state-of-the-art facility. The permitted zoning is Limited Industrial (LI). Asking price is $29,950,000.

    Property Features for 4171 24Th Ave

    General Information

    Property type
    Manufacturing properties
    Square Feet
    194,637 SF
    Class
    A
    Lot Size
    511,394 SF

    Building Details

    Year Built
    2020

    HighLights

    • 195,000 SF total building, opened in 2021.
    • Modern facility with office, warehouse, manufacturing space, and numerous amenities.
    • Excellent location near 19th Ave N and less than one mile from I‑29.
    • 20,000+ SF of Class A office space with high‑end finishes.
    • 96,000+ SF of warehouse space featuring 12 docks and 30' clear height.
    • 40,000+ SF of flexible manufacturing space with warehouse connectivity.
    Property Profile Location Intelligence

    Current Use by Public Records

    The GRIND Fitness Fitness Equipment Wholesaler SensoryRx Sporting Goods Store PRx Performance Corporate Office

    Suggested Use

    Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Gym & Fitness Storage Facility Garden Center Kitchen & Bath Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.8529056
    Latitude
    46.9100651

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    FAQs

    What type of property is this?
    Manufacturing property - Class A, 195,000 SF, prime location
    Where is this manufacturing property located?
    The property is located at 4171 24Th Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $29,950,000.
    What are key features of this property?
    This property features: 195,000 SF total building, opened in 2021.; Modern facility with office, warehouse, manufacturing space, and numerous amenities.; Excellent location near 19th Ave N and less than one mile from I-29.
    Request Owner's contact information
    4171 24Th Ave Fargo, ND 58102
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    Fargo, ND 58102
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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
    4171 24Th Ave Fargo, ND 58102
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