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Property profile & analytics
OFF-MARKET
Medical Office Space
321 8th N Ave Fargo, ND 58102-4550
Individually Owned
Free & Clear
Property ID
US56-0040836
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1984
Total area
14,331 SF
Lot
1.01 ac (43,781 SF)
Zoning code
DMU
APN
01-5130-00250-000
UPID
US56-0040836
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
Current use
Occupant on record · Public records
-
Sanford Center for Digestive Health Medical Clinic
-
Morgan Lien Physician
-
Dr. Cornelius Dyke Physician
-
Dr. David Hochhalter Pediatrician Physician
-
Amanda Banker Physician
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
DAY SURGER SANFORD NORTH SAME
DAY SURGER SANFORD NORTH SAME
Zoning & alternative use
DMU · Fargo, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The DMU Design Standards are intended to create and maintain a general visual quality and appearance that will be appealing to people who work in the DMU district and to those who come to the downtown area for goods, services, entertainment or leisure. The regulations are also intended to stimulate and protect investment in the DMU district through the estab…
Zone name
Downtown Mixed Use
General category
MIXED_USE
Zone area
277.21 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fargo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fargo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,236
Tax year 2023
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1984
Heating
NONE
Total area
14,331 SF
Lot
1.01 ac (43,781 SF)
Zoning code
DMU
APN
01-5130-00250-000
UPID
US56-0040836
Jurisdiction
CASS
Zoning & alternative use
DMU · Fargo, NDZoning DMU · permitted uses
DMU · Fargo, ND
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The DMU Design Standards are intended to create and maintain a general visual quality and appearance that will be appealing to people who work in the DMU district and to those who come to the downtown area for goods, services, entertainment or leisure. The regulations are also intended to stimulate and protect investment in the DMU district through the establishment of high standards with respect to materials, details, and appearance.
Zone name
Downtown Mixed Use
General category
MIXED_USE
Zone area
277.21 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
1.01 ac
Current owner
From public records · entity-resolved
DAY SURGER SANFORD NORTH SAME
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 2010, FARGO, ND 58122-0001
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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