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    1113 Main Ave Fargo, ND 58103

    Sponsored
    For Sale
    $495,000

    0.277-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.277-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Fargo, North Dakota. Located at 1113 Main Avenue, this property boasts a highly desirable address directly on Main Avenue, just east of University Drive, placing it in the heart of a dynamic and accessible area. The lot's size offers considerable flexibility for development, making it suitable for a variety of commercial ventures. Its prime location ensures high visibility and convenient access for customers and employees alike. The asking price for this strategically positioned land is $495,000. This represents a significant chance to acquire a piece of Fargo's vibrant commercial landscape, ideal for an office building, warehouse, or other commercial development. The property is situated in Cass County, North Dakota, with a Fargo zip code of 58103. The coordinates are 46.87484349950347 latitude and -96.79605491169768 longitude. This is owner/agent-held property. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering.

    Property Features for 1113 Main Ave

    General Information

    Property type
    Land
    Lot Size
    12,066 SF

    HighLights

    • 0.277‑acre commercial lot in Fargo, ND, at 1113 Main Avenue, priced at $495,000.
    • High‑visibility location on Main Avenue, east of University Drive.
    • Suitable for various commercial developments due to lot size and location.
    • Owner/agent‑held property in Cass County, ND (zip code 58103).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.796054911698
    Latitude
    46.874843499503

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    FAQs

    What type of property is this?
    Land - 0.277-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 1113 Main Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 0.277-acre commercial lot in Fargo, ND, at 1113 Main Avenue, priced at $495,000.; High-visibility location on Main Avenue, east of University Drive.; Suitable for various commercial developments due to lot size and location.
    (701) 499-3905
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    1113 Main Ave Fargo, ND 58103
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    Fargo, ND 58103
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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
    1113 Main Ave Fargo, ND 58103
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