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    The Largest CRE Database in the US with Over 1 Million Listings

    100 4Th St Fargo, ND 58103

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    For Lease
    $17 SF/Yr

    Prime Fargo office suites, various sizes.

    Lot size:
    50,784 SF

    Property Features for 100 4Th St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,784 SF
    Total Rate
    71944

    Spaces For Lease

    at 100 4Th St, Fargo, ND 58103 Contact us
    Unit Suite 104

    $21 /Mo

    Size
    1,069 SF
    Contact us
    Unit Suite 106

    $21 /Mo

    Size
    1,019 SF
    Contact us
    Unit Suite 108

    $21 /Mo

    Size
    622 SF
    Contact us
    Unit Suite 110

    $19 /Mo

    Size
    1,925 SF
    Contact us
    Unit Suite 112

    $19 /Mo

    Size
    1,169 SF
    Contact us
    Unit Suite 302

    $17 /Mo

    Size
    3,812 SF
    Contact us
    Unit Suite 304

    $17 /Mo

    Size
    1,469 SF
    Contact us
    Unit Suite 400

    $17 /Mo

    Size
    7,380 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Paul Campbell
    Paul Campbell

    Listing Agency: Goldmark Commercial Real Estate Inc Listing Agent: Paul Campbell

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

    Learn more

    Property Insight Report

    Overview

    The Professional Building, located at 100 4th St S in Fargo, ND 58103, offers exceptional office and retail space for lease. This iconic downtown Fargo building boasts 50,784 square feet of total space, with multiple tenancy options available. Currently, 11,456 square feet are vacant, offering flexible lease opportunities ranging from a minimum of 622 square feet to a maximum contiguous space of 5,652 square feet. Eight individual spaces are currently available. The building enjoys a highly visible location on busy 4th Street, just off Main Avenue, providing excellent signage opportunities. Ample parking is available for tenants and visitors. The building's prime downtown location offers easy access to numerous walkable amenities, including other notable downtown buildings, Island Park, and the Red River. Suites feature large offices, abundant natural light, convenient first-floor locations (where applicable), and private restrooms. This property is ideal for businesses seeking a prestigious address in the heart of Fargo, within Cass County. The building's classification includes Executive Office and Medical Office space, making it suitable for a variety of professional uses. Contact us today to learn more about available spaces and lease terms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sanford Traumatic Stress ... Crisis Center Rebecca Preussler, PsyD Medical Clinic Danial S. Sturgill, ... Physician Stone Kenneth Physician Richard J. Moser, ... Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.7847687
    Latitude
    46.8731534

    Nearby Similar for Lease

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      Central Marketplace Office Suites

      Prime Cass County Office Space Available
      1801 45Th St, Fargo, ND 58103
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    • $15 SF/Yr
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      Downtown Fargo Retail Opportunity

      Prime Retail Space, Flexible Lease Options
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      Retail Space Near West Acres

      Retail space adjacent to West Acres Regional Shopping Center.
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      Fargo Office Suites: Prime Location

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    FAQs

    What type of property is this?
    Medical office - Prime Fargo office suites, various sizes.
    Where is this medical office located?
    The property is located at 100 4Th St Fargo, ND.
    What is the lease rate?
    The lease rate is $17-$21 SF/Yr.
    What are key features of this property?
    This property features: Suite 104 - 1,069 SF; Suite 106 - 1,019 SF; Suite 108 - 622 SF
    (701) 893-2826
    Request Owner's contact information
    100 4Th St Fargo, ND 58103
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    Fargo, ND 58103
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    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
    100 4Th St Fargo, ND 58103
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    We can help!
    Listing Contact
    Paul Campbell
    Paul Campbell
    Real Estate License ID: 10554
    (701) 893-2826 (701) 235-2900
    Learn more
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