Property profile

1415 2Nd Ave Fargo, ND 58102

OFF-MARKET
Warehouses
0.91 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents two warehouse buildings situated on a sizable 0.91-acre lot in the heart of Fargo, North Dakota. The main warehouse building is complemented by a second, smaller metal building totaling 1,100 square feet. This secondary structure is heated but lacks water hookups. The property is conveniently located at 1415 2nd Ave N, Fargo, ND 58102, and includes two parcels: 01-2340-01985-000 and 01-2340-01973-000. The combined lot size offers significant potential for expansion or future development. The asking price for this prime industrial property is $1,145,000. The property is available for possession on March 1, 2025. This is a rare chance to acquire a well-located, multi-building warehouse in a thriving North Dakota market. The larger parcel includes the main warehouse and the smaller, heated metal building. The adjacent lot adds considerable value and flexibility to this already attractive offering. Don't miss this opportunity to own a piece of Fargo's industrial landscape.

Property profile

Verified
Property type Warehouses
Lot 0.91 ac (39,640 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1415 2Nd Ave Fargo, ND 58102
Fargo metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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