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    OFF-MARKET
    Retail properties & Spaces

    0 76Th Ave, Fargo, ND 58047

    50,949 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 50,949 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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