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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3209 Fiechtner Dr Fargo, ND 58103

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US56-0018289
    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.

    Current Use by Public Records

    • Natural Release Therapy / Health Consultant
    • Kochmann Brothers Homes Inc / Home Builder
    • RPD Properties / Corporate Office
    • TaxLady LLC / Tax Preparation Service
    • Business Software Inc / Software Company

    Property Details for 3209 Fiechtner Dr

    Property type
    Commercial real estate

    Description

    This exceptional office property, located in South Fargo, offers two available suites totaling 1,484 to 2,713 square feet. Situated in a meticulously maintained office park, this ground-floor space provides easy accessibility and ample parking for tenants and their clients. The location is highly convenient, boasting proximity to the intersection of 13th Avenue and 25th Street, placing it within easy reach of a variety of retail amenities. The building itself is a traditional office structure, ideal for businesses seeking a professional and well-maintained workspace. The multiple tenancy arrangement offers flexibility for businesses of varying sizes, allowing for potential expansion or downsizing as needed. The suites are ready for immediate occupancy, presenting a fantastic opportunity for businesses seeking a centrally located, easily accessible, and well-appointed office space in a thriving South Fargo commercial district. The property is located in Cass County and offers a comfortable and productive work environment. Interested parties are encouraged to inquire about lease terms and availability for these desirable office suites. The total building square footage is not currently available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.8309484
    Latitude
    46.8658378

    Comparable in this City

    • $18 SF/Yr
      42,072 SF

      Cityscapes Center: Prime Office Space

      Class A Office, 1800 sq ft Available
      474 45Th St, Fargo, ND 58103
      View Details
    • $120 SF/Yr
      3,790 SF

      Fargo Office Suites: Prime Location

      Executive, coworking & creative spaces available.
      3332 4Th Ave, Fargo, ND 58103
      View Details
    • $14 SF/Yr
      8,430 SF

      Fargo Executive Office Space Available

      Class A Office, 3,597 SF, Ready for Tenant Improvements
      3203 32Nd Ave, Fargo, ND 58103
      View Details
    • $18 SF/Yr
      7,192 SF

      Fargo Executive Office Suites

      Move-in ready office space, ample parking.
      3212 14Th Ave, Fargo, ND 58103
      View Details
    • $22 SF/Yr
      6,500 SF

      Fargo Office Space For Rent

      Office spaces available, customizable to tenant needs in Fargo.
      310 Main Ave, Fargo, ND 58103
      View Details
    • Contact for pricing
      15,000 SF

      Salon Ready Rooms For Rent

      Salon rooms available for rent with equipment included.
      1665 43Rd St S, Fargo, ND 58103
      View Details

    Similar Nearby for Sale

    • $1,125,000
      4,020 SF

      Fargo Bank Building - $1.125M

      Turnkey Fargo commercial property. High visibility location.
      1501 32Nd Ave, Fargo, ND 58103
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    • $850,000
      2,775 SF

      Downtown Fargo Retail Condo

      Historic Main Ave gem, 2775 sq ft.
      716 Main Ave, Fargo, ND 58103
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    • $560,000
      3,200 SF

      Executive Office Suite in Fargo

      Prime Fargo Office: 3,200 SF, $560,000
      827 28Th St, Fargo, ND 58103
      View Details
    • $134,700
      2,560 SF

      Office Space on South University

      Office space with private offices and reception area for sale.
      2534 S University Dr, Fargo, ND 58103
      View Details
    • $1,680,000
      17,438 SF

      Fargo Office Building - $1.68M

      17,438 SF Office Building, South Fargo
      4357 13Th Ave, Fargo, ND 58103
      View Details
    • $399,000
      3,456 SF

      Fargo Commercial Building For Sale

      Freestanding commercial building in central Fargo, suitable for various uses.
      1419 1St Ave S, Fargo, ND 58103
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      42,072 SF

      Cityscapes Center: Prime Office Space

      Class A Office, 1800 sq ft Available
      474 45Th St, Fargo, ND 58103
      View Details
    • $120 SF/Yr
      3,790 SF

      Fargo Office Suites: Prime Location

      Executive, coworking & creative spaces available.
      3332 4Th Ave, Fargo, ND 58103
      View Details
    • $14 SF/Yr
      8,430 SF

      Fargo Executive Office Space Available

      Class A Office, 3,597 SF, Ready for Tenant Improvements
      3203 32Nd Ave, Fargo, ND 58103
      View Details
    • $18 SF/Yr
      7,192 SF

      Fargo Executive Office Suites

      Move-in ready office space, ample parking.
      3212 14Th Ave, Fargo, ND 58103
      View Details
    • $22 SF/Yr
      6,500 SF

      Fargo Office Space For Rent

      Office spaces available, customizable to tenant needs in Fargo.
      310 Main Ave, Fargo, ND 58103
      View Details
    • Contact for pricing
      15,000 SF

      Salon Ready Rooms For Rent

      Salon rooms available for rent with equipment included.
      1665 43Rd St S, Fargo, ND 58103
      View Details
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    Fargo, ND 58103
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    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
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