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    5676 38Th St Fargo, ND 58104

    For Sale
    $516,600

    Prime South Fargo location, 1.19 acres, $516,600

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.19-acre commercial lot, identified as Lot 4 in the Tillstone development, presents a unique investment opportunity in a rapidly expanding area of South Fargo, North Dakota. Located at 5676 38th St S, this property boasts a highly visible position, benefiting from proximity to I-94 and 52nd Ave South, ensuring significant exposure to high volumes of traffic. The land is priced at $10 per square foot, totaling $516,600. The strategic location within Tillstone places the lot near a Walmart, surrounded by established residential neighborhoods and a thriving mix of commercial businesses and retailers, creating a strong consumer base and convenient access for potential customers. This translates to a high-traffic area with excellent visibility, making it ideal for a variety of commercial ventures. The Tillstone development includes a shared retention pond, contributing to the overall aesthetic and functionality of the community. This lot offers the potential for immediate development or a build-to-suit opportunity, allowing for customization to meet specific business needs. The property's location in one of Fargo's fastest-growing areas promises significant long-term value appreciation. The address is 5676 38th St S (LOT 4), Fargo, ND 58104. Cass County.

    Property Features for 5676 38Th St

    General Information

    Property type
    Land
    Lot Size
    51,836 SF

    HighLights

    • $516,600 asking price.
    • 1.19‑acre commercial land parcel.
    • Located in a fast‑growing area of South Fargo, ND.
    • Excellent visibility from I‑94 and 52nd Ave S, near Walmart.
    • Land value: $10/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Rye at Tillstone Apartment Building

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.842451
    Latitude
    46.798701

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    FAQs

    What type of property is this?
    Land - Prime South Fargo location, 1.19 acres, $516,600
    Where is this land located?
    The property is located at 5676 38Th St Fargo, ND.
    What is the asking price?
    The asking price for this property is $516,600.
    What are key features of this property?
    This property features: $516,600 asking price.; 1.19-acre commercial land parcel.; Located in a fast-growing area of South Fargo, ND.
    (701) 212-4144
    Request Owner's contact information
    5676 38Th St 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
    5676 38Th St Fargo, ND 58104
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