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    Property profile & analytics
    OFF-MARKET Estimated value $605,000
    Office buildings

    1401 Oak Mnr S Ave, Fargo, ND 58103-8020

    17,310 SF 1.37 ac lot Built 1966
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US56-0036816
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1966
    Total area 17,310 SF
    Lot 1.37 ac (59,691 SF)
    Zoning code LC
    APN 01-2210-00032-000
    UPID US56-0036816
    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
    Current use
    Occupant on record · Public records
    • Red River Animal Emergency Veterinary Clinic
    • Small Wonders Preschool Daycare Center
    • St Monica's Montessori High School Daycare Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $405k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $809k
    Blend (final) Blend
    $605k
    Owner & transaction history
    St Monicas Montessori INC · 2 yrs held
    St Monicas Montessori INC
    since 2024
    7 recorded transactions
    2024
    2024
    $1.5M
    2022
    2020
    2004
    1969
    1969
    Zoning & alternative use
    LC · Fargo, ND
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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