Property profile

5676 38Th St Fargo, ND 58104

OFF-MARKET
Land
1.55 ac lot
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Property summary

AI-generated overview

This exceptional 1.55-acre commercial land parcel, located at 5676 38th St S (LOT 6) in Fargo, North Dakota, presents a unique investment opportunity. Priced at $810,000, this property offers a land value of $12 per square foot. Situated in the rapidly expanding South Fargo area, this lot benefits from high visibility due to its proximity to I-94 and 52nd Ave South, ensuring significant exposure for any commercial venture. The location is strategically positioned near a Walmart, surrounded by thriving residential neighborhoods and a variety of established commercial businesses and retailers, guaranteeing substantial consumer traffic. This translates to a prime location for businesses seeking high visibility and accessibility. The Tillstone development, where this lot is situated, includes a shared retention pond, contributing to the overall aesthetic and functionality of the area. This property is ideal for businesses seeking to establish a strong presence in one of Fargo's fastest-growing commercial zones. The lot is zoned for commercial, office, and retail uses, offering flexibility for a wide range of development possibilities. This is a rare opportunity to acquire a well-located, sizable commercial lot in a high-demand area. The property is offered for sale, providing a chance to build to suit your specific business needs. Don't miss this chance to secure a prominent location in South Fargo's thriving commercial landscape. The zip code is 58104, and the property is in Cass County.

Property profile

Verified
Property type Land
Lot 1.55 ac (67,518 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building

Location

5676 38Th St Fargo, ND 58104
Fargo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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