4301 40Th Ave Fargo, ND 58102
This exceptional 15.8-acre parcel in Fargo, North Dakota, presents a remarkable development opportunity. Strategically located at the highly visible intersection of I-29 and 40th Avenue NW, this property boasts unparalleled access to major transportation arteries and enjoys exceptional visibility. Its proximity to significant developments, including the substantial Amazon Fulfillment Center and the Dakota Commerce Center, underscores its prime location within Fargo's thriving commercial landscape. The property's zoning permits agricultural use, offering flexibility for a variety of commercial or industrial projects. The site's size allows for large-scale development or subdivision into multiple parcels, catering to diverse tenant needs. Consider the potential for a large-scale travel center, a significant commercial enterprise, or a multi-tenant complex. The property's location near Hector International Airport further enhances its appeal. Furthermore, the proximity to the expanding residential community of Reile's Acres ensures a robust and growing surrounding population. Offered at $5,505,984, this represents a compelling investment in a high-demand area, poised for continued growth and development. The asking price equates to approximately $8.00 per square foot, making it a competitive offering within Fargo's prime commercial corridors. This is a rare chance to acquire a significant land holding in a rapidly expanding area of North Dakota. The property address is 4301 40th Ave NW, Fargo, ND 58102.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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