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    4155 23Rd Ave Fargo, ND 58104

    Sponsored
    For Sale
    $1,305,512

    Prime Fargo commercial land: build, buy, or lease.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional commercial land opportunity in Fargo, North Dakota, presents a unique investment prospect. Located at 4155 23rd Ave S, Fargo, ND 58104, this 2.31-acre lot (APN 01-3500-05185-003) is zoned for General Commercial use and offers a sale/leaseback option. Priced at $1,305,512 ($13/sq ft), this property boasts unparalleled visibility and accessibility. Situated in The Crossroads development, it benefits from its proximity to I-94 and I-29, experiencing daily traffic counts exceeding 144,000 vehicles. This prime location offers easy access via 42nd Street and is part of a master-planned commercial setting. The site is ideally suited for a variety of uses, including professional office, medical, retail, technology, and educational facilities. Within a one-mile radius, there are 18 hotels and over 1650 hotel rooms, further enhancing the property's appeal and potential. The property is document-ready, meeting Gold Status requirements. This presents a rare chance to establish a business in a thriving, high-traffic area with flexible ownership and leaseback options. Don't miss this opportunity to secure a prominent location in Fargo's dynamic commercial landscape.

    Property Features for 4155 23Rd Ave

    General Information

    Property type
    Land
    Lot Size
    100,624 SF

    HighLights

    • Incredible visibility and high traffic counts exceeding 144,000 vehicles daily.
    • Easy access from 42nd Street.
    • Multiple lot sizes available (this listing is for a 2.31‑acre lot).
    • Purchase or leaseback options available.
    • Suitable for various uses including office, medical, retail, technology, and education.
    • Prime location adjacent to I‑94 and I‑29 interchanges.
    Property Profile 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 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
    -96.8486888
    Latitude
    46.8470396

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    FAQs

    What type of property is this?
    Land - Prime Fargo commercial land: build, buy, or lease.
    Where is this land located?
    The property is located at 4155 23Rd Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $1,305,512.
    What are key features of this property?
    This property features: Incredible visibility and high traffic counts exceeding 144,000 vehicles daily.; Easy access from 42nd Street.; Multiple lot sizes available (this listing is for a 2.31-acre lot).
    Request Owner's contact information
    4155 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
    4155 23Rd Ave Fargo, ND 58104
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