Property profile

1531 32Nd Ave Fargo, ND 58103

FOR LEASE
Office Spaces
Property ID
US56-0018871
Entity Owned 5-yr Hold
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Property summary

AI-generated overview

This exceptional office property, located at 1531 32nd Ave S in Fargo, North Dakota, offers a diverse range of workspace solutions. Categorized as a traditional office, executive office, coworking space, and creative office, this multi-tenant building provides flexibility to suit various business needs. While the exact square footage is unavailable, the property boasts modern amenities designed to enhance productivity and collaboration. Its strategic location in Cass County, just 16 minutes from Hector International Airport, ensures convenient access for clients and employees alike. The space features ample natural light, high-speed WiFi, and business-grade telephony, creating an ideal environment for focused work. Beyond the workspace itself, the surrounding area offers appealing recreational options, including the Bluestem Amphitheater and Brunsdale Park, providing employees with convenient access to outdoor amenities. This property presents a unique opportunity for businesses seeking a well-connected, versatile, and inspiring workspace in the vibrant city of Fargo. The address is easily accessible and situated within a thriving community. The building's design caters to a variety of business models, from small startups to established corporations. This is an excellent opportunity to establish a strong presence in a dynamic and growing market.

Property profile

Verified
Property type Office Spaces
UPID US56-0018871

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency
  • (Bike/Boat/Book/etc) Store
  • Medical Clinic
  • Physician

Location

1531 32Nd Ave Fargo, ND 58103
Fargo metro
Google Maps

Value estimations

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

Owner & transaction history

since 2021
2 recorded transactions
2021
$2.1M
2017
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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