Property profile

2401 45Th St S A Fargo, ND 58104

FOR LEASE
Retail properties & Spaces
Property ID
US56-0040477
2,500 SF
Entity Owned 5-yr Hold
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Property summary

AI-generated overview

This exceptional 2,500 square foot executive office space, previously a bank, presents a unique opportunity in Fargo, North Dakota. Located at 2401 45th St S, this single-tenant property boasts a highly desirable location near Interstate 94, ensuring maximum visibility and accessibility. The space is completely vacant and ready for immediate occupancy, offering a truly turn-key solution for businesses seeking a prestigious and convenient location. The property's former use as a bank provides a number of attractive features, including a built-in drive-thru and teller line, ideal for businesses requiring efficient customer service. The building's total square footage is 2,500 square feet, all of which is currently available. Situated in Cass County, this property benefits from the strong economic climate and thriving business community of Fargo. The strategic location near Interstate 94 guarantees high traffic counts and excellent exposure to potential clients. This is an exceptional opportunity to acquire a well-appointed, ready-to-use office space in a prime Fargo location. The property is classified as Retail and Office, specifically an Executive Office subtype.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,500 SF
UPID US56-0040477

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
  • Atm
  • Crypto Atm Atm
  • Grocery & Convenience Store
  • Restaurant Take-out & Catering
  • Atm

Location

2401 45Th St S, Unit A Fargo, ND 58104
Fargo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2017
Price N/A
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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