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Property profile & analytics
OFF-MARKET
Land

0 64Th Ave Fargo, ND 58103

49.32 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 49.32-acre development opportunity is situated on 64th Ave S in Fargo, North Dakota, offering unparalleled access to Interstate 29. The property, encompassing three parcels (10.50 acres, 21.46 acres, and 17.36 acres), presents a unique blend of commercial, industrial, and high-density residential potential, as designated in the City of Fargo's growth plan. The land is priced at $4.75 per square foot, with individual parcel pricing varying from $4.25 to $6.75 per square foot. This strategic location benefits from its proximity to the new Sanford Sports Complex, currently under construction directly to the north. An overpass adjacent to the site was completed in late 2022, enhancing accessibility. While on and off ramps are projected for completion within five years, the current high traffic count on I-29 (17,700 vehicles) already provides significant visibility and accessibility. This presents a rare chance to capitalize on Fargo's thriving economy and robust growth trajectory. The property's APN numbers are 64000001070090 and 64000001070030. The total asking price for the entire 49.32-acre parcel is $10,204,801.

Property profile
Verified
Property type Land
Lot 49.32 ac (2,148,379 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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