1401 Oak Mnr S Ave Fargo, ND 58103-8020
- Office buildings
- 17,310 SF
- 1.37 lot acres
Current Use by Public Records
- Red River Animal Emergency / Veterinarian / Animal Hospital
- Small Wonders Preschool / Day Care Center / Preschool
- St Monica's Montessori / Montessori School
Property Details for 1401 Oak Mnr S Ave
- Year built
- 1966
- Lot size
- 1.37 lot acres
- Property size
- 17,310 SF
- Zone code
- LC
- Property type
- Office buildings
- APN
- 01-2210-00032-000
- APU
- 1221000032000
Description
This exceptional 17,310 square foot commercial property, located at 1401 Oak Manor Ave S in Fargo, North Dakota, 58103, presents a unique investment opportunity. The building is classified as both retail and office space, currently configured as a single-tenant occupancy. The property boasts 4,605 square feet of readily available space, ideal for a variety of uses. Its previous use as a veterinary clinic suggests its suitability for medical office practices, but the adaptable layout allows for diverse configurations to meet the needs of various businesses. The building's convenient location just off University Drive ensures high visibility and accessibility. Ample parking is available, a significant advantage for businesses requiring substantial parking for staff and clients. The property's size and layout offer flexibility for businesses seeking a substantial footprint in a thriving Fargo neighborhood. This is a rare opportunity to acquire a well-situated, versatile commercial space in a desirable location. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Interested parties are encouraged to schedule a viewing to fully appreciate the potential of this exceptional property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $405,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $385,000
- 6.5%
- $390,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $340,000
- Geo Method
- $380,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $325,000
- Mixed-Use
- $325,000
- Hospitality
- $330,000
- Educational
- $360,000
- Residential Income
- $360,000
- Energy
- $305,000
- Income-Based Land
- $350,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- Fargo
- County
- Cass
- State
- North Dakota
- Longitude
- -96.802
- Latitude
- 46.846
- CBSA code
- 22020
- CBSA name
- FARGO, ND-MN METROPOLITAN STATISTICAL AREA