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    Property profile & analytics

    3002 7 1/2 Ave Fargo, ND 58102

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3002 7 1/2 Ave

    Year built
    1976
    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity presents a portfolio of five multi-family buildings located at 3002 7 1/2 Ave N in Fargo, North Dakota, 58102. The property consists of a total of 30 units, offering a compelling mix of housing options. Each of the five buildings houses six units

    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
    -96.8267
    Latitude
    46.8842

    Comparable in this City

    • Value Estimation
      $275,000
      3,920 SF

      1102 8th N Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,920 SF
      1102 8th N Ave, Fargo, ND 58102-4361
      View Details
    • Value Estimation
      $255,000
      3,920 SF

      24 9th NE Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,920 SF
      24 9th NE Ave, Fargo, ND 58102-3853
      View Details
    • Value Estimation
      $220,000
      1,914 SF

      1126 University N Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,914 SF
      1126 University N Dr, Fargo, ND 58102-3576
      View Details
    • Value Estimation
      $155,000
      2,480 SF

      901 1st N St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,480 SF
      901 1st N St, Fargo, ND 58102-3764
      View Details
    • Value Estimation
      $280,000
      3,808 SF

      1001 8th N Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,808 SF
      1001 8th N Ave, Fargo, ND 58102-4370
      View Details
    • Value Estimation
      $275,000
      3,696 SF

      715 9th N Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,696 SF
      715 9th N Ave, Fargo, ND 58102-3627
      View Details

    Similar Nearby for Sale

    • $900,000
      22,642 SF

      Downtown Fargo Legion Building For Sale

      Former Legion Building in downtown Fargo, across from RDO Tower.
      505 3Rd Ave N, Fargo, ND 58102
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    • $1,110,000
      5,736 SF

      Historic Mixed-Use Building Near Broadway

      Mixed-use building with retail and residential units near Broadway.
      117-119 Broadway N, Fargo, ND 58102
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    • $2,375,500
      4,200 SF

      Mixed-Use Property with Multifamily Units

      Retail space with multifamily units and established tenant.
      228 Broadway N, Fargo, ND 58102
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    • $1,600,000
      40.00 Acres

      Prime Fargo Agricultural/Commercial Land

      40 acres, $1.6M, excellent investment opportunity.
      0 19Th Ave, Fargo, ND 58102
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    • $825,000
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      Downtown Fargo Storefront Opportunity

      Prime retail space, redevelopment potential, leaseback option.
      219 Northern Pacific Ave, Fargo, ND 58102
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    • $1,145,000
      0.91 Acres

      Downtown Fargo Warehouse - $1.145M

      Two-building warehouse, 17,100+ SF lot.
      1415 2Nd Ave, Fargo, ND 58102
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      15,815 SF

      Downtown Fargo Creative Office Space

      High-traffic retail/office, flexible layout.
      222 Broadway, Fargo, ND 58102
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    • $9 SF/Yr
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      Northport Shopping Center: Fargo Retail Space

      Prime Fargo retail space, multiple suites available.
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      View Details
    • $9 SF/Yr
      6,160 SF

      Fargo Executive Office Suite

      Prime 6,160 sq ft Office Space for Lease
      3417 7Th Ave, Fargo, ND 58102
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    • $16 SF/Yr
      22,232 SF

      Executive Suites, Fargo, ND

      Prestigious Fargo office space available.
      320 5Th St, Fargo, ND 58102
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    • $7 SF/Yr
      505,700 SF

      Dakota Commerce Center: Fargo, ND

      Modern Industrial Space, Fargo, ND
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    • $6 SF/Yr
      120,000 SF

      Dakota Center: Fargo Office Suites

      Downtown Fargo Class A Office Space
      51 Broadway Dr, Fargo, ND 58102
      View Details
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    3002 7 1/2 Ave
    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
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