New search
Property profile & analytics
OFF-MARKET
Retail space
222 Broadway N Fargo, ND 58102
Individually Owned
8-yr Hold
Property ID
US56-0019687
Property summary
AI-generated overview
Excellent space in the heart of Fargo across from Block 9! Located between Broadway and Roberts Alley, the foot traffic is amazing. With the convenience of being walking distance from all Downtown has to offer, this space truly is the perfect spot! The upstairs portion facing Broadway is fit up and ready to go, a big retail space up front, along with 10 separate rooms in the back. With this unit you get the balcony facing Broadway as well. The back portion is ready to fit up, high ceilings, exposed brick, and facing Roberts alley. Reach out with questions today.
Property profile
Verified
Property type
Retail space
UPID
US56-0019687
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
-
Hand Works Cottage Industries Social Service Agency Charitable Organization
-
Atomic Coffee Cafe & Coffee Shop
-
Infinite Genesis Wellness Center Training Center Tutoring Service
-
Essential Marketing Advertising Agency Marketing & Advertising
-
Webmaster Weekly Marketing & Advertising (Bike/Boat/Book/etc) Store
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
Macdalton Berns · 8 yrs held
Macdalton Berns
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fargo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fargo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Status
Off-Market
UPID
US56-0019687
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Current owner
From public records · entity-resolved
Macdalton Berns
Individual
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2023
—
Banner LLC
—
Deed
related
$200,000 · First Community Cu
Oct 18, 2019
—
Banner LLC
—
Deed
related
$167,460 · Matthew D Halvorson
Oct 15, 2019
—
Banner LLC
—
Deed
related
$2,600,000 · First Community Cu
Sep 18, 2019
—
Banner LLC
—
Deed
related
—
Jun 28, 2019
—
Banner LLC
—
Deed
related
—
Apr 9, 2019
—
Banner LLC
—
Deed
related
$75,000 · First Community Cu
Nov 6, 2018
—
Banner LLC
—
Trust Deed
related
$150,000 · First Cmnty FCU
Jun 15, 2018
—
Banner LLC
—
Trust Deed
related
$40,000 · First Cmnty FCU
May 7, 2018
—
Banner LLC
—
Trust Deed
related
$2,000,000 · First Cmnty Cu/beloit
Feb 15, 2018
—
Macdalton Berns
Hammett Investments LLC
Quitclaim Deed
related
—
Feb 15, 2018
$2,500,000
Banner LLC
Macdalton Berns
Warranty Deed
$2,000,000 · Midwest Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 222 Broadway N?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
