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    FOR SALE
    Flex space

    2501 12Th St N, Fargo, ND 58102

    Individually Owned 2-yr Hold
    Property ID
    US56-0047890
    Property summary
    AI-generated overview

    Position your business for growth in this versatile 5,000 sq. ft. commercial building located in highly desirable North Fargo near the airport and NDSU. This well-designed property offers the perfect blend of professional office space and functional warehouse/shop space. The front portion features six private offices, providing flexibility for administrative teams, client meetings, or collaborative workspace. The layout allows for reception, conference areas, and efficient workflow between departments. In the rear, you’ll find approximately 2,000 sq. ft. of warehouse/shop space, ideal for storage, light manufacturing, service operations, or distribution. The combination of office and shop space makes this property a strong fit for contractors, technology firms, trade services, logistics companies, or growing local businesses. Located just minutes from Hector International Airport and North Dakota State University, this property offers excellent accessibility for employees, clients, and vendors alike. Easy access to major roadways enhances efficiency and visibility in one of Fargo’s most strategic commercial corridors. If you’re ready to expand, relocate, or invest in North Fargo’s thriving business district, this opportunity delivers space, location, and flexibility all in one. Schedule a private tour today and explore how this property can support your next phase of growth.

    Property profile
    Verified
    Property type Flex space
    UPID US56-0047890
    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
    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
    Richard E Schmit · 2 yrs held
    Richard E Schmit
    since 2024
    1 recorded transaction
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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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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