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    4001 23Rd Ave Fargo, ND 58104

    For Sale
    $2,753,776

    Fargo, ND prime commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 172,111 square foot commercial land parcel in Fargo, North Dakota, presents a remarkable investment opportunity. Located at 4001 23rd Ave S, in Cass County, zip code 58104, this property boasts unparalleled visibility and accessibility. Situated within the master-planned Crossroads development, it benefits from its proximity to both I-94 and I-29 interstates, experiencing daily traffic counts exceeding 144,000 vehicles. Zoned for General Commercial use, this site offers flexibility for a wide range of developments, including professional office, medical, retail, technology, education, and more. With lot sizes ranging from 0.7 to over 10 acres, this location is ideal for businesses seeking high visibility and convenient access. The asking price is $2,753,776, translating to $15 per square foot. Purchase options include build-to-suit arrangements with flexible leaseback terms. The area features a robust infrastructure, including over 18 hotels and 1650+ hotel rooms within a one-mile radius. Don't miss this chance to establish your business in a thriving, strategically located commercial hub.

    Property Features for 4001 23Rd Ave

    General Information

    Property type
    Land

    HighLights

    • High‑traffic visibility with daily counts exceeding 144,000 vehicles.
    • Easy access from 42nd Street and proximity to I‑94 and I‑29 interstates.
    • Multiple lot sizes available, ranging from 0.7 to over 10 acres.
    • Purchase options include build‑to‑suit with flexible leaseback terms.
    • Zoned for general commercial use, suitable for office, medical, retail, technology, and education.
    • Located in the master‑planned Crossroads development in Fargo, ND.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.8559399
    Latitude
    46.8440404

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    FAQs

    What type of property is this?
    Land - Fargo, ND prime commercial lot
    Where is this land located?
    The property is located at 4001 23Rd Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $2,753,776.
    What are key features of this property?
    This property features: High-traffic visibility with daily counts exceeding 144,000 vehicles.; Easy access from 42nd Street and proximity to I-94 and I-29 interstates.; Multiple lot sizes available, ranging from 0.7 to over 10 acres.
    (701) 239-5839
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    4001 23Rd Ave Fargo, ND 58104
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    Fargo, ND 58104
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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
    4001 23Rd Ave Fargo, ND 58104
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