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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

4155 23Rd Ave Fargo, ND 58104

2.31 ac lot
Property ID
Property summary
AI-generated overview

Exceptional commercial land opportunity in Fargo, North Dakota, presents a unique investment prospect. Located at 4155 23rd Ave S, Fargo, ND 58104, this 2.31-acre lot (APN 01-3500-05185-003) is zoned for General Commercial use and offers a sale/leaseback option. Priced at $1,305,512 ($13/sq ft), this property boasts unparalleled visibility and accessibility. Situated in The Crossroads development, it benefits from its proximity to I-94 and I-29, experiencing daily traffic counts exceeding 144,000 vehicles. This prime location offers easy access via 42nd Street and is part of a master-planned commercial setting. The site is ideally suited for a variety of uses, including professional office, medical, retail, technology, and educational facilities. Within a one-mile radius, there are 18 hotels and over 1650 hotel rooms, further enhancing the property's appeal and potential. The property is document-ready, meeting Gold Status requirements. This presents a rare chance to establish a business in a thriving, high-traffic area with flexible ownership and leaseback options. Don't miss this opportunity to secure a prominent location in Fargo's dynamic commercial landscape.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.31 ac (100,624 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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