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Property profile & analytics
OFF-MARKET
Land

450 23Rd Ave West Fargo, ND 58078

1.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in West Fargo, North Dakota. Located directly on Interstate 94, this property boasts unparalleled visibility with over 34,000 vehicles passing daily. The site, ranging from 1.25 to over 20 acres, is zoned for light commercial use and offers significant flexibility for development. Its strategic location adjacent to major retailers like Costco and Duluth Trading, and within a half-mile of Sanford Health's regional hospital, ensures high traffic and strong potential for various commercial uses. The surrounding area features a thriving mix of Class A office buildings, medical facilities, and retail establishments, including Verizon, Jimmy John's, McDonald's, Taco Bell, and a Courtyard by Marriott. The property's proximity to River's Bend at the Preserve, a desirable residential development, further enhances its appeal. The site is easily accessible from the interstate, and lot sizes can be customized to meet specific buyer needs. This presents a rare chance to acquire a highly visible, strategically located parcel in one of the fastest-growing areas of the Fargo-Moorhead metro area. The property is for sale by owner and offers potential for both purchase and leaseback options. This is an ideal location for a large corporate office center, with additional retail opportunities to capitalize on the high traffic volume generated by neighboring businesses.

Property profile
Verified
Property type Land
Lot 1.25 ac (54,450 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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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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