3155 Blue Stem Dr West Fargo, ND 58078
- Commercial land
- 0.89 lot acres
Current Use by Public Records
- Commercial land
Property Details for 3155 Blue Stem Dr
- Year built
- 1900
- Construction
- WOOD FRAME
- Lot size
- 0.89 lot acres
- Property type
- Commercial land
- APN
- 02-4855-00060-000
- APU
- 2485500060000
Description
This exceptional Class A, 11,957 square foot shopping center in West Fargo, ND, presents a turnkey investment opportunity. Boasting 100% occupancy across seven units, the property features a strong tenant mix of national franchises and local businesses. Located on a 1.96-acre lot (85,377 sq ft) at 3155 & 3163 Bluestem Dr, it benefits from a prime location on Veterans Blvd, a high-traffic retail corridor with approximately 40,000 vehicles daily. The center's strategic positioning across from the future Urban Plains mixed-use development ensures sustained growth and increased consumer engagement. Built in 2015, this NNN-leased property offers a 6.00% cap rate and is priced at $4,377,500 ($366.10/sq ft). The property is zoned C - Light Commercial District and features a prominent monument sign on Veterans Blvd. This investment offers significant upside potential in a high-growth, affluent area of West Fargo, supported by consistent residential and commercial development. APN: 02-4855-00070-000
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Fargo
- County
- Cass
- State
- North Dakota
- Longitude
- -96.8842
- Latitude
- 46.8347
- CBSA code
- 22020
- CBSA name
- FARGO, ND-MN METROPOLITAN STATISTICAL AREA
