4687 27 St N, Fargo, ND 58102
Modern 1500 sq. ft. commercial property in Fargo, ND.
- Added:
- Jul 9, 2024
- Days on Market:
- 700
- Last Refresh:
- May 12 at 10:56 pm
Property Features for 4687 27 St N
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2024
Listing agent Neal Beitelspacher License #ND 8294
Listing office Dakota Commercial Fargo
Listing date Jul 9, 2024
Source Crexi
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HighLights
- Immediately available 1500 sq. ft. unit with finished interior
- Prime location in Fargo, ND, designed to City of Fargo standards
- Post‑frame structure with 18’ sidewalls
- Bathroom with ADA compliance and utility sink
- Separate metered service and 200 Amp electrical panel
- Concrete parking lot and 80‑foot concrete slab between buildings
Overview
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.8k | $13.20 |
| − Vacancy | −$1.2k | −$0.79 |
| EGI | $18.6k | $12.41 |
| − OpEx | −$6.5k | −$4.34 |
| NOI | $12.1k | $8.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fargo
- County
- Cass
- State
- North Dakota
- Longitude
- -96.8208041
- Latitude
- 46.9411577