Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6100 36Th St Fargo, ND 58104
    Property profile & analytics

    6100 36Th St, Fargo, ND 58104

    View on Map
    • Warehouses
    • 1,500 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 6100 36Th St

    Year built
    2022
    Property type
    Warehouses
    Property subtype
    Specialty properties

    Description

    This exceptional Class A shop condo, built in 2022, presents a unique investment opportunity in Fargo, North Dakota. Located at 6100 36th St S, this vacant 1,500 square foot property is ideally situated just off I-29 and the 64th Avenue overpass, offering unparalleled convenience and accessibility. The asking price is $235,000, translating to a price per square foot of $150. Categorized as industrial, self-storage, and special purpose, this versatile space is perfect for a variety of uses, encompassing warehouse and sports/entertainment functionalities. The property is a shop condo unit, part of the Maple Valley Shop Condos development, in Cass County, zip code 58104. Its modern construction and prime location make it an attractive prospect for both business owners and investors seeking a high-return asset in a thriving market. The property's versatility allows for diverse applications, catering to a wide range of potential tenants or owner-operators. This is a rare opportunity to acquire a high-quality, newly constructed commercial space in a desirable area of Fargo. The property's vacant status allows for immediate occupancy and customization to suit specific business needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.8375
    Latitude
    46.7923

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      6130 36Th St

      Self storage facilities
      6130 36Th St, Fargo, ND 58104
      View Details
    • Value Estimation by Request
      2,800 SF

      4058 98 Ave

      Distribution properties
      4058 98 Ave, Fargo, ND 58104
      View Details
    • Value Estimation by Request
      5,000 SF

      5508 53Rd Ave

      Distribution properties
      5508 53Rd Ave, Fargo, ND 58104
      View Details
    • Value Estimation by Request
      2,400 SF

      2955 Thunder Rd

      Life science properties
      2955 Thunder Rd, Fargo, ND 58104
      View Details
    • Value Estimation by Request
      91,750 SF

      3931 37Th Ave

      Distribution properties
      3931 37Th Ave, Fargo, ND 58104
      View Details
    • Value Estimation by Request
      960 SF

      3800 98 Ave

      Automotive properties
      3800 98 Ave, Fargo, ND 58104
      View Details

    Similar Nearby for Sale

    • $419,000
      2,400 SF

      Thunder Road Industrial Condos

      Fargo, ND Flex Space - Own Your Shop!
      2955 Thunder Rd, Fargo, ND 58104
      View Details
    • Contact for pricing
      91,750 SF

      Fargo Industrial Space For Lease

      Flexible industrial space in Fargo's premier industrial corridor.
      3931 37Th Ave S, Fargo, ND 58104
      View Details
    • Contact for pricing
      5,000 SF

      Free Standing Steel Building

      New 5,000 sqft steel building on 1.25 acres.
      5508 53Rd Ave S, Fargo, ND 58104
      View Details
    • Contact for pricing
      1,024 SF

      Garage Condominium Under Construction

      High-end garage condominium customizable for hobbies and passions.
      3800 98 Ave S Unit H - INN>, Fargo, ND 58104
      View Details
    • Contact for pricing
      4,800 SF

      Garage Condominiums Under Construction

      High-end garage condominiums customizable for hobbies and passions.
      3800 98 Ave S, Fargo, ND 58104
      View Details
    • Contact for pricing

      High-End Garage Condominiums

      Customizable garage condominiums for hobbies and passions.
      3800 98 Ave S, Fargo, ND 58104
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Brandt Office Park

      Discover many ways to work your way in Brandt Office Park
      3523 45Th St, Fargo, ND 58104
      View Details
    • Contact for pricing
      1,337 SF

      Office and Warehouse Space Available

      Office and warehouse spaces for rent in South Fargo.
      4151 38Th St S, Fargo, ND 58104
      View Details
    • Contact for pricing
      4,966 SF

      Urban Plains Office/Daycare Space

      Office or daycare space in a popular Fargo location.
      4820 30Th Ave S, Fargo, ND 58104
      View Details
    • Contact for pricing
      2,712 SF

      Fargo Office Space For Lease

      Office space available for lease in the Apex Business Center.
      4141 38Th St S, Fargo, ND 58104
      View Details
    • Contact for pricing
      2,250 SF

      Restaurant Space Near Schools

      2,250 SF restaurant space for lease near schools.
      2640 52Nd Ave S, Fargo, ND 58104
      View Details
    • Contact for pricing
      9,880 SF

      Fargo Office Space For Rent

      Move-in ready office space with large shop and tall ceilings.
      3471 University Dr S, Fargo, ND 58104
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6100 36Th St
    Fargo, ND 58104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6100 36Th St, Fargo, ND, 58104
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!