1302 40Th St Fargo, ND 58102

OFF-MARKET

Warehouses

Property ID

US56-0038588

20,850 SF 2.01 ac lot Built 1978

Entity Owned 5-yr Hold

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This exceptional 20,850-square-foot warehouse, located at 1302 40th St N in Fargo, North Dakota, presents a significant opportunity for industrial businesses. The single-tenant property sits on a 2.01-acre lot and boasts a 24-foot ceiling height, providing ample storage and operational space. Built in 1978 and extensively renovated in 2019, the building is in excellent condition. Features include four loading docks and one drive-in door, ensuring efficient loading and unloading. The property offers 300 feet of frontage, enhancing visibility and accessibility. The warehouse is zoned Commercial and has an APN of 01-0992-00110-000 in Cass County. Taxes are $0.88 per square foot. The property is currently vacant and available for occupancy January 1, 2025. Its strategic location provides easy access to Interstate 29, offering convenient transportation links. A 24-hour notice is required for showings.

Property type Warehouses

Year built 1978

Total area 20,850 SF

Lot 2.01 ac (87,556 SF)

UPID US56-0038588

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Warehouse & Storage
Corporate Office

1302 40Th St Fargo, ND 58102

Fargo metro

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since 2020

2 recorded transactions

2021

Price N/A

2020

$1.3M

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