Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    2425 Main Ave Fargo, ND 58103
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2425 Main Ave Fargo, ND 58103

    View on Map
    • Office buildings
    • 13,109 SF
    For Sale
    View Listing →
    2425 Main Avenue, Fargo, ND 58103 For Sale
    Contact for pricing
    13,109 SF

    2425 Main Avenue, Fargo, ND 58103

    Corner warehouse/office building with income potential and storage space.

    2425 Main Ave, Fargo, ND 58103
    View Listing
    Property ID
    US56-0057009
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • House of Barbering / Barber Shop
    • Northern Plains Coins / (Bike/Boat/Book/etc) Store
    • LibertyX Bitcoin ATM / Atm
    • web-guardian / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • Office Furniture Warehouse / Furniture & Home Goods

    Property Details for 2425 Main Ave

    Year built
    1952
    Property size
    13,109 SF
    Property type
    Office buildings
    Property subtype
    Mixed-use properties

    Description

    This 1952 built warehouse/office building, prominently located on the corner of Main Ave and 25th Street boasts an excellent income-generating potential with multiple tenants and a surplus of warehouse and storage space. Excellent potential for further rental expansion or customization to suit vario ... us business needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.81906
    Latitude
    46.8764149

    Comparable in this City

    • $2,950,000
      13,275 SF

      High-Exposure Corner Commercial Property

      Versatile commercial property with office, showroom, and warehouse space.
      3803/3817 Main Ave, Fargo, ND 58103
      View Details
    • Contact for pricing

      Fargo Flex Space For Sale

      Flex space with shop, office, and parking in Fargo.
      25 14Th St S, Fargo, ND 58103
      View Details
    • Contact for pricing
      217,810 SF

      Fargo Warehouse Space Available

      217,810 SF warehouse space for lease in Fargo.
      2812 42Nd St N, Fargo, ND 58103
      View Details
    • Contact for pricing
      57,600 SF

      Fargo Manufacturing and Warehouse Facility

      57,600 SF manufacturing/warehouse with desirable features in Fargo, ND.
      3175 4Th Ave S, Fargo, ND 58103
      View Details
    • Contact for pricing
      16,937 SF

      High-Visibility Office Building Near Mall

      16,000+ SF office building with high traffic exposure.
      1749 38Th St S, Fargo, ND 58103
      View Details

    Similar Nearby for Sale

    • $2,950,000
      13,275 SF

      High-Exposure Corner Commercial Property

      Versatile commercial property with office, showroom, and warehouse space.
      3803/3817 Main Ave, Fargo, ND 58103
      View Details
    • Contact for pricing

      Fargo Flex Space For Sale

      Flex space with shop, office, and parking in Fargo.
      25 14Th St S, Fargo, ND 58103
      View Details
    • Contact for pricing
      217,810 SF

      Fargo Warehouse Space Available

      217,810 SF warehouse space for lease in Fargo.
      2812 42Nd St N, Fargo, ND 58103
      View Details
    • Contact for pricing
      57,600 SF

      Fargo Manufacturing and Warehouse Facility

      57,600 SF manufacturing/warehouse with desirable features in Fargo, ND.
      3175 4Th Ave S, Fargo, ND 58103
      View Details
    • Contact for pricing
      16,937 SF

      High-Visibility Office Building Near Mall

      16,000+ SF office building with high traffic exposure.
      1749 38Th St S, Fargo, ND 58103
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Building Near Essentia Hospital

      Two-story mixed-use building near Essentia Hospital available for rent.
      3003 32Nd Ave S, Fargo, ND 58103
      View Details
    • $13 SF/Yr
      16,937 SF

      Parkway Office Building For Sale/Lease

      Fargo Office/Warehouse, High Visibility
      1749 38Th St, Fargo, ND 58103
      View Details
    • Contact for pricing
      3,022 SF

      Mixed-Use Development in Prime Location

      Mixed-use property with apartments and commercial space in Fargo, ND.
      1621 S University Dr, Fargo, ND 58103
      View Details
    • Contact for pricing
      3,920 SF

      Corner Warehouse with Recent Upgrades

      Warehouse with new garage doors, doors, and parking lot.
      2790 5Th Ave S, Fargo, ND 58103
      View Details
    • Contact for pricing

      Visible Shop Space For Rent

      High-visibility shop space with overhead doors and storage.
      3501 13Th Ave SW, Fargo, ND 58103
      View Details
    • Contact for pricing
      10,901 SF

      Class A Office Space Fargo

      Professional office building with ample parking in southwest Fargo.
      4334 18Th Ave S, Fargo, ND 58103
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2425 Main Ave
    Fargo, ND 58103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!