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    501 23Rd Ave West Fargo, ND 58078

    Sponsored
    For Sale
    $2,292,804

    Prime 4.39-acre lot near I-94 & Costco

    Property size:
    191,067 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 4.39-acre development parcel in West Fargo, North Dakota, presents a unique investment opportunity. Strategically located near the intersection of Veterans Boulevard and I-94, this property enjoys unparalleled visibility and accessibility. Its proximity to major retailers like Costco and Duluth Trading Company, as well as the Rustad Center and Freedom Elementary School, ensures high traffic volume and a strong potential customer base. The site's address is 501 23rd Ave E, West Fargo, ND 58078, with GPS coordinates 46.843850280012965 latitude and -96.88968651906023 longitude. The total square footage encompasses 191,067 square feet. The property is zoned to accommodate a variety of development concepts, including office, medical, mixed-use, or retail projects. The asking price for this remarkable development land is $2,292,804. A build-to-suit option is available, offering flexibility and customization to meet specific project requirements. The property features a beautiful pond, adding to its aesthetic appeal and potential for unique architectural designs. This prime location, combined with its versatility and proximity to key amenities, makes this an ideal investment for developers seeking a high-impact project in a thriving community. Don't miss this chance to acquire a truly exceptional development opportunity in a rapidly growing area.

    Property Features for 501 23Rd Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    191,067 SF

    HighLights

    • $2,292,804 asking price.
    • 191,067 square feet.
    • 4.39 acres of prime development land in West Fargo, ND, near I‑94, Costco, and Veterans Blvd.
    • Excellent location near Costco, Duluth Trading Company, The Rustad Center, and Freedom Elementary School.
    • Build‑to‑suit options available for office, medical, mixed‑use, or retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -96.88968651906
    Latitude
    46.843850280013

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    FAQs

    What type of property is this?
    Lifestyle center - Prime 4.39-acre lot near I-94 & Costco
    Where is this lifestyle center located?
    The property is located at 501 23Rd Ave West Fargo, ND.
    What is the asking price?
    The asking price for this property is $2,292,804.
    What are key features of this property?
    This property features: $2,292,804 asking price.; 191,067 square feet.; 4.39 acres of prime development land in West Fargo, ND, near I-94, Costco, and Veterans Blvd.
    Request Owner's contact information
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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
    501 23Rd Ave West Fargo, ND 58078
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