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    Property profile & analytics
    FOR SALE
    Commercial land

    3155 Blue Stem Dr, West Fargo, ND 58078

    0.89 ac lot Built 1900
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US56-0095828
    Property summary
    AI-generated overview

    This exceptional Class A, 11,957 square foot shopping center in West Fargo, ND, presents a turnkey investment opportunity. Boasting 100% occupancy across seven units, the property features a strong tenant mix of national franchises and local businesses. Located on a 1.96-acre lot (85,377 sq ft) at 3155 & 3163 Bluestem Dr, it benefits from a prime location on Veterans Blvd, a high-traffic retail corridor with approximately 40,000 vehicles daily. The center's strategic positioning across from the future Urban Plains mixed-use development ensures sustained growth and increased consumer engagement. Built in 2015, this NNN-leased property offers a 6.00% cap rate and is priced at $4,377,500 ($366.10/sq ft). The property is zoned C - Light Commercial District and features a prominent monument sign on Veterans Blvd. This investment offers significant upside potential in a high-growth, affluent area of West Fargo, supported by consistent residential and commercial development. APN: 02-4855-00070-000

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1900
    Construction WOOD FRAME
    Lot 0.89 ac (38,986 SF)
    APN 02-4855-00060-000
    UPID US56-0095828
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    The Veterans Mail LLC · 10 yrs held
    The Veterans Mail LLC
    since 2015
    5 recorded transactions
    2020
    2017
    2015
    2015
    1969
    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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