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    5080 38Th St Fargo, ND 58104

    For Sale
    Contact for pricing

    Prime Fargo location, flexible lot sizes.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land offering presents a unique investment opportunity in Fargo, North Dakota. Strategically located along Interstate 29 at the intersection of 38th Street South and 51st Avenue South, this property boasts high visibility and convenient access. The site offers two distinct lots available for purchase: Lot 1, Block 2 encompasses 13.88 acres and is priced at $12.00 per square foot, while Lot 1, Block 1 comprises 9.8 acres and is priced at $15.00 per square foot. Both lots are zoned for commercial use, providing flexibility for a wide range of development possibilities. The area enjoys a thriving commercial environment, with nearby established businesses including Gate City Bank, Aldi, Happy Harry's Bottle Shops, Walmart, Starbucks, Kingpinz Social, Suite Shots, Cash Wise, Plaza Azteca, and McDonald's. Further enhancing the property's appeal, the construction of Alexander Drive South is anticipated to be completed this summer, promising improved connectivity and accessibility. This prime location, coupled with the potential for subdivision and the presence of numerous successful businesses, makes this an exceptional opportunity for investors seeking high-impact commercial development in a rapidly growing area. The property's size and location offer significant potential for future growth and return on investment.

    Property Features for 5080 38Th St

    General Information

    Property type
    Land
    Lot Size
    426,888 SF

    HighLights

    • 9.8 to 13.88 acres of commercially zoned land available for sale in Fargo, ND.
    • Located along I‑29 at the corner of 38th Street South and 51st Avenue South.
    • Excellent visibility and access; surrounded by established businesses including Gate City Bank, Aldi, Walmart, and more.
    • Lot 1, Block 2: $12.00 PSF (13.88 acres); Lot 1, Block 1: $15.00 PSF (9.8 acres).
    • Potential for subdivision.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.843213813935
    Latitude
    46.80594826963

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    FAQs

    What type of property is this?
    Land - Prime Fargo location, flexible lot sizes.
    Where is this land located?
    The property is located at 5080 38Th St Fargo, ND.
    What are key features of this property?
    This property features: 9.8 to 13.88 acres of commercially zoned land available for sale in Fargo, ND.; Located along I-29 at the corner of 38th Street South and 51st Avenue South.; Excellent visibility and access; surrounded by established businesses including Gate City Bank, Aldi, Walmart, and more.
    Request Owner's contact information
    5080 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
    5080 38Th St Fargo, ND 58104
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