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Property profile & analytics
OFF-MARKET
Specialty properties
1021 10th N St Fargo, ND 58102-3582
Trust Owned
3-yr Hold
Free & Clear
Property ID
US56-0047269
Property profile
Verified
Property type
Specialty properties
Use group
COMMERCIAL MISC
Year built
1903
Total area
2,013 SF
Lot
0.16 ac (6,875 SF)
Zoning code
MR-3
APN
01-0440-02550-000
UPID
US56-0047269
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cass Clay Community Land Trusts · 3 yrs held
Cass Clay Community Land Trusts
since 2023
Last sale
$55,000
6 recorded transactions
Zoning & alternative use
MR-3 · Fargo, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fargo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fargo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,586
Tax year 2023
Assessed value
$17,500
Assessed 2023
Previous assessed
$17,500
+0.0% YoY
Effective rate
9.06%
On assessed value
Assessed land
$17,500
Land market value
$35,000
Total market value
$35,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
COMMERCIAL MISC
Status
Off-Market
Year built
1903
Heating
NONE
Units
4
Total area
2,013 SF
Lot
0.16 ac (6,875 SF)
Zoning code
MR-3
APN
01-0440-02550-000
UPID
US56-0047269
Jurisdiction
CASS
Zoning & alternative use
MR-3 · Fargo, ND
Zoning MR-3 · permitted uses
MR-3 · Fargo, ND
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fargo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1903
Heating
NONE
Units
4
Lot
0.16 ac
Current owner
From public records · entity-resolved
Cass Clay Community Land Trusts
Trust
Free & Clear · 3 yrs held
Mailing address
200 4TH AVE N APT #110, FARGO, ND 58102-4898
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
—
Cass Clay Community Land Trusts
Trenton Gerads
Quit Claim Deed
related
—
Jun 12, 2023
$55,000
Matt Zimmerman
Cass Clay Community Land Trusts
Warranty Deed
—
Dec 21, 2021
$15,000
Trenton Gerads
U S Bank National Association
Special Warranty Deed
—
Mar 3, 2021
—
U S Bank National Association
Ivette Lugo
Sheriffs Deed
related
—
Dec 21, 2020
$49,800
Us Bk NA Series 2006-ff18 Tr
Sheriff Of Cass County|lugo,jesse & Ivette
Foreclosure
related
—
Oct 11, 2006
$85,000
Jesse Lugo
Silva,cruz & Sara D
Warranty Deed
$63,750 · First Franklin
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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