Property profile

1116 7th N St Fargo, ND 58102

OFF-MARKET
Residential income homes
Property ID
US56-0018863
3,360 SF 0.17 ac lot Built 1984
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1984
Total area 3,360 SF
Lot 0.17 ac (7,510 SF)
Zoning code GC
APN 01-6840-00040-000
UPID US56-0018863

Cap rate & NOI

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

Location

1116 7th N St Fargo, ND 58102-2602
Fargo metro Census 501 FARGO, ND-MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2021
Last sale
$350,000
2 recorded transactions
2021
$350,000
2008
$139,500

Zoning & alternative use

GC · Fargo, ND
Zoning description

The GC, General Commercial district is primarily intended to accommodate commercial uses. It allows a full range of retail, service, office and commercial uses.

General category COMMERCIAL

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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