Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1042 14Th Ave West Fargo, ND 58078

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Modern Offices, Great Visibility, Ample Parking

    Lot size:
    19,600 SF

    Property Features for 1042 14Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,600 SF
    Total Rate
    21233.33

    Spaces For Lease

    at 1042 14Th Ave, West Fargo, ND 58078 Contact us
    Unit Suite 206 A

    $13 /Mo

    Size
    857 SF
    Contact us
    Unit Suite 206 B

    $13 /Mo

    Size
    783 SF
    Contact us
    Unit Suite 209

    $13 /Mo

    Size
    600 SF
    Contact us

    We can help!

    Listing Contact
    Sierra Wendt
    Sierra Wendt

    Listing Agency: Property Resources Group Listing Agent: Sierra Wendt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional office space, located in West Fargo at the corner of 9th Street and 13th Avenue East, offers unparalleled visibility and convenience. The property boasts a total of 19,600 square feet, with three individual office spaces currently available for lease, ranging from 600 to 857 square feet. These versatile spaces can be leased individually or combined to accommodate various business needs. The building features recently remodeled offices and bathrooms, ensuring a modern and comfortable work environment. Significant recent upgrades include a brand new HVAC system and a new roof, providing peace of mind and energy efficiency. The prime location provides excellent 13th Avenue visibility, attracting potential clients and employees. Ample parking is readily available for tenants and their guests, adding to the overall convenience and appeal of this property. This is a multiple tenancy building situated in Cass County. The property is ideal for businesses seeking a well-maintained, conveniently located, and highly visible office space in a thriving West Fargo community. Don't miss this opportunity to secure your ideal workspace.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    West Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.880967373244
    Latitude
    46.861998549073

    Nearby Similar for Lease

    • $6 SF/Yr
      100,000 SF

      New Construction Warehouse Space Available

      New construction warehouse in Nordick business park, up to 100,000 SF.
      601 11Th Ave NE, West Fargo, ND 58078
      View Details
    • Contact for pricing
      230 SF

      West Fargo Office Suites Available

      Office suites for lease with flexible terms and parking.
      515 Oak Rdg Way E, West Fargo, ND
      View Details
    • Contact for pricing
      1,927 SF

      West Fargo Office Space Available

      Office space for rent, convenient West Fargo location.
      705 13Th Ave E, West Fargo, ND 58078
      View Details
    • Contact for pricing
      3,937 SF

      West Fargo Corner Office Suite

      Spacious corner suite with abundant natural light and prime location.
      505 32Nd Ave E, West Fargo, ND 58078
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space Near Costco

      Turn-key retail space anchored by Costco with high traffic.
      815 23Rd Ave E, West Fargo, ND 58078
      View Details
    • Contact for pricing
      6,000 SF

      Modern Office Space in Fargo

      Modern commercial property with flexible floor plans and ample parking.
      126 6Th St W, West Fargo, ND 58078
      View Details
    • Contact for pricing
      4,000 SF

      Adaptable Industrial Space Available

      24,000 SF industrial space, subdividable, build-to-suit options.
      627 5Th Street Ct NW, West Fargo, ND 58078
      View Details
    • Contact for pricing
      1,500 SF

      Mixed-Use Center in West Fargo

      Mixed-use shopping center with retail, restaurant, office, and medical businesses.
      1405 Prairie Pkwy, West Fargo, ND 58078
      View Details
    • $23 SF/Yr
      1,225 SF

      West Fargo Executive Office Condo

      Modern Office Space, 1225 SF, West Fargo
      3937 4Th St, West Fargo, ND 58078
      View Details
    • $24 SF/Yr
      11,253 SF

      West Fargo Mixed-Use Retail Space

      Prime West Fargo location, 9,922 sq ft available.
      2920 Sheyenne St, West Fargo, ND 58078
      View Details
    • $13 SF/Yr
      1,540 SF

      West Fargo Executive Office Suite

      Prime Office Space, 1540 sq ft Available
      1365 Prairie Pkwy, West Fargo, ND 58078
      View Details
    • $13 SF/Yr
      72,720 SF

      West Fargo Office Suites Available

      Modern office space in thriving West Fargo.
      1405 Prairie Pkwy, West Fargo, ND 58078
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Modern Offices, Great Visibility, Ample Parking
    Where is this office property / space located?
    The property is located at 1042 14Th Ave West Fargo, ND.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Office building totaling 19,600 square feet.; Multiple tenant occupancy.; Three available office spaces ranging from 600 to 857 square feet.
    (701) 499-3949 Call to check price and availability
    Request Owner's contact information
    1042 14Th Ave West Fargo, ND 58078
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1042 14Th Ave
    West Fargo, ND 58078
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1042 14Th Ave West Fargo, ND 58078
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Sierra Wendt
    Sierra Wendt
    (701) 499-3949
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!