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    720 14Th St Fargo, ND 58102

    Sponsored
    For Sale
    $2,612,500

    40,314 SF Warehouse, Prime Location

    Property size:
    40,314 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 40,314-square-foot warehouse in Fargo, North Dakota, presents a unique investment opportunity. Located at 720 14th St N, this light industrial (LI) zoned property boasts a prime location between downtown Fargo and North Dakota State University (NDSU), offering convenient access to major transportation routes. Built in 1948, the well-maintained concrete structure features two dock-high doors, providing efficient loading and unloading capabilities. The building comprises two floors, with the first floor offering open warehouse space, complemented by offices, conference rooms, and a break area. The second floor provides additional warehouse space and offices, presenting versatile options for expansion or conversion. Previously used for document storage, this space could easily be adapted for various uses, including additional warehousing, office space, or even multi-family residential units. The property sits on a 1.26-acre lot, with the potential for expansion onto adjacent land. All special assessments have been paid, eliminating future financial burdens. The building's elevated position ensures it meets or exceeds flood-proofing requirements. This property offers a rare combination of location, functionality, and expansion potential, making it an ideal investment for businesses seeking a strategic foothold in the thriving Fargo market. The asking price is $2,612,500, translating to $64.80 per square foot. The property's APN is 01-3235-00100-000.

    Property Features for 720 14Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    40,314 SF
    Lot Size
    54,886 SF

    Building Details

    Year Built
    1948

    HighLights

    • Excellent 7th Ave N location near University Drive.
    • Two dock‑high loading doors.
    • Two‑story building featuring warehouse space and office/conference areas.
    • No remaining lease incentives.
    • Adjacent land parcel available for expansion.
    • Durable concrete construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    -96.8016626
    Latitude
    46.8841848

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    FAQs

    What type of property is this?
    Distribution property - 40,314 SF Warehouse, Prime Location
    Where is this distribution property located?
    The property is located at 720 14Th St Fargo, ND.
    What is the asking price?
    The asking price for this property is $2,612,500.
    What are key features of this property?
    This property features: Excellent 7th Ave N location near University Drive.; Two dock-high loading doors.; Two-story building featuring warehouse space and office/conference areas.
    Request Owner's contact information
    720 14Th St Fargo, ND 58102
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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
    720 14Th St Fargo, ND 58102
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