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    19Th Ave Fargo, ND 58078

    Sponsored
    For Sale
    $987,500

    Prime 25-acre development tract near airport.

    Property size:
    1,089,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 25-acre commercial land parcel, located in Cass County, North Dakota, presents a unique investment opportunity. Situated at 19th Ave N, West Fargo, zip code 58078, this property boasts a total square footage of 1,089,000 and is currently zoned for agricultural use (Ag). The asking price is $987,500, translating to $0.91 per square foot and $39,500 per acre. The property's APN is 60-0000-02401-000. Currently generating income from an existing farm tenant, this land offers incredibly low holding costs. Its strategic location directly on 19th Ave N and adjacent to the West Fargo Airport on 9th St NW provides exceptional access and visibility. The property is near existing residential developments and benefits from readily available city services. While currently within the floodplain, this will be rectified upon completion of the FM Diversion project. This makes it ideal for residential and multifamily development, promising significant future growth potential. This is a rare chance to acquire prime development land in West Fargo's expanding north side.

    Property Features for 0 19Th Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,089,000 SF
    Lot Size
    1,089,000 SF

    HighLights

    • Excellent location off County Road 17.
    • Adjacent to residential development and West Fargo Airport.
    • High potential for future residential and multifamily development.
    • City services readily available.
    • Low holding costs due to existing farm tenant.
    • Future FM Diversion project will eliminate current floodplain designation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.8799349
    Latitude
    46.9052084

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    FAQs

    What type of property is this?
    Multifamily property - Prime 25-acre development tract near airport.
    Where is this multifamily property located?
    The property is located at 19Th Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $987,500.
    What are key features of this property?
    This property features: Excellent location off County Road 17.; Adjacent to residential development and West Fargo Airport.; High potential for future residential and multifamily development.
    (701) 239-5839
    Request Owner's contact information
    19Th Ave Fargo, ND 58078
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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
    19Th Ave Fargo, ND 58078
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