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    FOR SALE
    Distribution centers

    1749 38Th St S, Fargo, ND 58103

    16,937 SF Built 1979
    Entity Owned 5-yr Hold
    Property ID
    US56-0060852
    Property summary
    AI-generated overview

    This exceptional 16,937-square-foot office and warehouse building in Fargo, North Dakota, presents a unique investment opportunity. Situated on a 72,023-square-foot lot at 1749 38th St S, 58103, this single-tenant property boasts high visibility along I-29, with over 75,000 vehicles passing daily. The two-story, 1979-built brick building offers ample space, including multiple open work areas, large private offices, several conference/training rooms, a kitchen/break room, and a finished garden level with a large training room, offices, bathrooms, and storage. The impressive interior features ceilings as high as 19 feet. The property includes 65 parking spaces (3.8 per 1,000 square feet) and benefits from recent improvements such as a new roof, restriped parking lot, updated security cameras, and upgraded HVAC controls. Prime signage opportunities exist both on the building and on a boulevard pylon facing I-29. Its convenient location near West Acres Mall, restaurants, and hotels provides easy access to amenities. The property's Cass County location (APN: 01-380000020-000) offers a strategic advantage for businesses seeking high visibility and convenient access. The entire 16,937 square feet is currently vacant, presenting a blank canvas for a new tenant or owner.

    Property profile
    Verified
    Property type Distribution centers
    Year built 1979
    Total area 16,937 SF
    UPID US56-0060852
    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
    • Sanford Health Plan Corporate Office
    • Echelon Corporation (Bike/Boat/Book/etc) Store Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Sterling Properties Lllp · 5 yrs held
    Sterling Properties Lllp
    since 2021
    2 recorded transactions
    2021
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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