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    Property profile & analytics

    615 2Nd Ave Fargo, ND 58106

    • Retail properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Pure Barre / Gym / Fitness Center
    • Electric Vehicle Charging Station / Electric Vehicle Charging Station

    Property Details for 615 2Nd Ave

    Year built
    2016
    Property type
    Retail properties

    Description

    This exceptional 1,466 square foot retail space, built in 2016, is ideally situated in the vibrant Roberts Commons development in Downtown Fargo, Cass County. Previously a fitness studio, the property features a thoughtfully designed layout including a separate classroom, perfect for a variety of uses. Its prime corner location at the entrance to Roberts Alley ensures high visibility and foot traffic. The space is bathed in natural light, creating a welcoming atmosphere for customers. Roberts Commons offers the convenience of a 369-stall parking garage, making access easy for both employees and patrons. The modern design and high-traffic location combine to create an unparalleled opportunity for businesses seeking a thriving downtown presence. The multiple tenancy building ensures a diverse and active environment. This space is ready for immediate occupancy and presents a unique chance to establish a successful business in a highly desirable area of Fargo. The property's versatile layout and prime location make it an attractive option for a wide range of retail or office businesses. This is a rare opportunity to secure a well-appointed space in a thriving downtown location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.7885
    Latitude
    46.878
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    615 2Nd Ave
    Fargo, ND 58106
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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
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