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    OFF-MARKET
    Commercial real estate

    308 10Th St, Fargo, ND 58102

    416 SF Built 2022
    Property ID
    US56-0019683
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a portfolio of three unique rental properties in the heart of downtown Fargo, North Dakota, at 308 10th St N, zip code 58102. The portfolio includes two 416 square foot, 2022-built tiny homes, and a larger rental home. The larger home, originally built in 1900, boasts 1,812 square feet and underwent a complete renovation in 2022. One of the tiny homes is a groundbreaking hempcrete construction, offering significant environmental and structural advantages, including reduced VOCs, energy savings, superior fire resistance, carbon sequestration, and an extended lifespan. This unique portfolio is situated near other high-quality properties such as 300 Lime, the Mosaic, and 220 West Apartments, and directly across from the North Dakota State University School of Business. The entire property sits on a 6,625 square foot lot. This is a rare chance to acquire a diverse and highly desirable rental property portfolio in a thriving downtown area, offering a compelling return on investment. The asking price for this unique opportunity is $585,637.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2022
    Total area 416 SF
    UPID US56-0019683
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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