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Property profile & analytics
OFF-MARKET
Mixed-use properties

1010 12Th Ave Fargo, ND 58102

3,302 SF 0.12 ac lot Built 1905
Property ID
US56-0042452
Property summary
AI-generated overview

This exceptional mixed-use investment property, located at 1010 12th Avenue N in Fargo, North Dakota, presents a compelling opportunity for discerning investors. The property encompasses 3,302 square feet and sits on a 0.12-acre lot, offering convenient access and ample space. The building comprises six individual units, each featuring one bedroom and one bathroom, providing a consistent and potentially lucrative rental income stream. The property is secured, ensuring tenant and investor peace of mind. Residents enjoy the convenience of a shared laundry facility located in the basement, eliminating the need for individual in-unit laundry hookups. Off-street parking is readily available in a designated parking lot situated just east of the building, addressing a key concern for potential tenants. This prime location places the property within close proximity to North Dakota State University (NDSU), attracting a strong pool of potential renters, particularly students and young professionals. Detailed financial information, including rental income and expense data, is available upon request, allowing prospective buyers to conduct a thorough due diligence process. This is an excellent opportunity to acquire a well-maintained, income-generating property in a thriving North Dakota market. The property's strong location, secure design, and attractive unit configuration make it an ideal addition to any investment portfolio.

Property profile
Verified
Property type Mixed-use properties
Year built 1905
Total area 3,302 SF
Lot 0.12 ac (5,227 SF)
UPID US56-0042452
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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