Property summary
Veterans Commons, a Class A, 21,026 square foot shopping center in Fargo, North Dakota, presents a compelling investment opportunity. This stabilized, 100% occupied property boasts a diverse tenant mix of ten credit-rated businesses, including Verizon Wireless, hotworx, and a US Government tenant. Located at 835 23rd Ave E, Fargo, ND 58103, the center benefits from a prime location on a high-traffic corridor, with daily traffic counts exceeding 43,865 vehicles. The property features two… single-story buildings constructed in 2016 and renovated between 2016 and 2022, situated on a 3.03-acre lot. The NNN lease structure provides a stable income stream, with a pro-forma NOI of $475,511 and a pro-forma cap rate of 6.25%. The asking price is $8,800,000, translating to $361.46 per square foot. Key anchors nearby include Costco, which reported $1.2 million in credit card swipes in 2021 and averaged approximately 6,100 daily visitors in August 2022, and Sanford Hospital's new regional hospital. The property is part of The Preserve development, a mixed-use area including retail, housing, and office space. A Chase ATM on the property further enhances traffic and revenue. The landlord prioritized strong tenant financials and a balanced mix, ensuring no single tenant occupies more than 20% of the gross leasable area. The property's APN is 02-4602-00050-000, and ownership is fee simple. The pad site represents the only developable land remaining in West Fargo between Interstate 94 and 32nd Ave.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
14 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 21,026 SF
- Lot area
- 3.03 ac
- Year built
- 2016
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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