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    3701 40Th Ave Fargo, ND 58102

    For Lease
    $7 SF/Yr

    Modern Industrial Space, Fargo, ND

    Lot size:
    505,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    The Dakota Commerce Center, a Class A industrial property in Fargo, North Dakota, offers 505,700 square feet of versatile space. This single-story building, completed in 2021, sits on 42.3 acres and features multiple tenancy options, with a minimum divisible space of 20,000 square feet and a maximum contiguous space of 199,600 square feet. The property boasts a 32-foot ceiling height, 106 loading docks, 8 drive-ins, and ample parking with 909 spaces. Power is robust, with heavy 1600a/277-480v 3p 4w service. The property is zoned M-1: Light Industrial and has an APN of 01-8787-00100-000, 01-8787-00200-000, 01-8787-00300-000, 01-8787-00400-000. Located at 3701 40th Ave N, Fargo, ND 58102, this prime location offers immediate access to I-29 and is adjacent to a 1.3 million square foot Amazon distribution center. The property is suitable for a variety of uses including refrigerated/cold storage, flex space, manufacturing, warehousing, distribution, and R&D. Three suites are available. Building B is slated for completion in August 2023.

    Property Features for 3701 40Th Ave

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    505,700 SF
    Class
    A
    Total Rate
    305527.08

    Building Details

    Year Built
    2021
    Stories
    1

    Unit(s) available at that property

    Space
    Building B
    Size
    199,600 SF
    Rate per SF
    $7
    Space
    Building C
    Size
    178,600 SF
    Rate per SF
    $7

    HighLights

    • Adjacent to a 1.3M SF Amazon distribution center, with I‑29 access at 40th Ave N, and close to Hector International Airport.
    • Features 12" precast concrete walls, 7" concrete floors, and a 45‑mil TPO or EPDM roof.
    • Equipped with an ESFR sprinkler system allowing for 32' clear height rack storage of Class 1‑4 commodities.
    • Structural system includes open web bar joists, metal deck, steel beams, and columns.
    • Totaling 633,200 SF, with Building A1 (127,500 SF) leased, Building A2 (127,500 SF), Building B (199,600 SF), and Building C (178,600 SF) available.
    • Offers build‑to‑suit and turnkey options, with plans for 909 surface parking stalls, 106 dock‑high doors, and 8 drive‑in doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Refrigerated & Cold Storages

    Suggested Use

    Realty agency Storage Facility Discount Store Electronics Store Pawn Shop Plumbing Service Parking Facility Kitchen & Bath Garden Center Wholesale 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
    -96.8447429
    Latitude
    46.94254

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Modern Industrial Space, Fargo, ND
    Where is this refrigerated / cold storage located?
    The property is located at 3701 40Th Ave Fargo, ND.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: Adjacent to a 1.3M SF Amazon distribution center, with I-29 access at 40th Ave N, and close to Hector International Airport.; Features 12" precast concrete walls, 7" concrete floors, and a 45-mil TPO or EPDM roof.; Equipped with an ESFR sprinkler system allowing for 32' clear height rack storage of Class 1-4 commodities.
    Request Owner's contact information
    3701 40Th Ave Fargo, ND 58102
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    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
    3701 40Th Ave Fargo, ND 58102
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