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    3155 Blue Stem Dr West Fargo, ND 58078

    Sponsored
    For Sale
    $4,377,500

    West Fargo, ND Retail Investment

    Property size:
    11,957 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A, 11,957 square foot shopping center in West Fargo, ND, presents a turnkey investment opportunity. Boasting 100% occupancy across seven units, the property features a strong tenant mix of national franchises and local businesses. Located on a 1.96-acre lot (85,377 sq ft) at 3155 & 3163 Bluestem Dr, it benefits from a prime location on Veterans Blvd, a high-traffic retail corridor with approximately 40,000 vehicles daily. The center's strategic positioning across from the future Urban Plains mixed-use development ensures sustained growth and increased consumer engagement. Built in 2015, this NNN-leased property offers a 6.00% cap rate and is priced at $4,377,500 ($366.10/sq ft). The property is zoned C - Light Commercial District and features a prominent monument sign on Veterans Blvd. This investment offers significant upside potential in a high-growth, affluent area of West Fargo, supported by consistent residential and commercial development. APN: 02-4855-00070-000

    Property Features for 3155 Blue Stem Dr

    General Information

    Property type
    Lifestyle centers
    Square Feet
    11,957 SF
    Class
    A

    Building Details

    Year Built
    2015
    Units
    7

    HighLights

    • Class A building design.
    • Fully occupied, turnkey investment with upside potential.
    • Strong tenant mix.
    • High traffic count (approx. 40,000 vehicles daily) on Veterans Blvd and 32nd Ave.
    • Prime West Fargo retail location in a high‑growth, affluent area, adjacent to the Urban Plains mixed‑use development.
    • Prominent Veterans Blvd monument signage.
    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
    -96.9543097
    Latitude
    46.866729

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    FAQs

    What type of property is this?
    Lifestyle center - West Fargo, ND Retail Investment
    Where is this lifestyle center located?
    The property is located at 3155 Blue Stem Dr West Fargo, ND.
    What is the asking price?
    The asking price for this property is $4,377,500.
    What are key features of this property?
    This property features: Class A building design.; Fully occupied, turnkey investment with upside potential.; Strong tenant mix.
    Request Owner's contact information
    3155 Blue Stem Dr West 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
    3155 Blue Stem Dr West Fargo, ND 58078
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