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    OFF-MARKET
    Land

    0 64Th Ave, Fargo, ND 58104

    17.36 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 17.36-acre parcel presents a unique development opportunity in Fargo, North Dakota. Located on 64th Ave S, this land boasts a strategic position along I-29, offering unparalleled access and visibility. The property is zoned for both commercial and high-density residential uses, as outlined in the City of Fargo's growth plan. Its proximity to the newly constructed Sanford Sports Complex to the north significantly enhances its value and appeal. An overpass adjacent to the site was completed in late 2022, providing convenient access, and on and off ramps are planned for installation within five years. The high traffic count on I-29, averaging 17,700 vehicles, underscores the significant potential for commercial development. The land is offered at $3,213,856, with a land value of $4.25 per square foot. The property's APN is 64000001070090, 64000001070030. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area with exceptional infrastructure and development potential. The combination of its location, zoning, and proximity to major amenities makes this an ideal investment for developers seeking high-return projects.

    Property profile
    Verified
    Property type Land
    Lot 17.36 ac (756,202 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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