0 76Th Ave, Fargo, ND 58047
Exceptional commercial land investment opportunity in Horace, North Dakota, a rapidly growing city recognized as the 2019 North Dakota City of the Year. Located in Cass County, near the intersection of 76th Ave S and zip code 58047, this property offers parcels ranging from 50,949 to 128,612 square feet, with lot sizes mirroring this range. The land is zoned for commercial use and boasts a land value of $16 per square foot. This prime location is adjacent to both Heritage Middle School and the new Horace High School, ensuring high visibility and access to a growing population. Horace's projected growth rate of 220% over the next 5-7 years, fueled by continued residential and business expansion and the influx of 7,700 workers for the Fargo Diversion Project, presents a compelling investment case. The property is available for sale or build-to-suit options, catering to diverse development needs. This presents a unique chance to capitalize on the explosive growth of this thriving North Dakota community. The property's versatility accommodates industrial, office, retail, and R&D uses, making it a highly adaptable asset for future development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.