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    Property profile & analytics

    3241 University S Dr Fargo, ND 58104-6221

    • Office buildings
    • 9,632 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimation
    $1,630,000
    Last Sale
    May 20, 2021
    $1,495,000
    Location Intelligence
    Property ID
    US56-0048069
    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

    • Packet Digital / Electronics Manufacturer / Electronic Engineering Service
    • Botlink / Software Company

    Property Details for 3241 University S Dr

    Year built
    1977
    Lot size
    1.06 lot acres
    Property size
    9,632 SF
    Zone code
    GC
    Property type
    Office buildings
    APN
    01-2740-00111-000
    APU
    1274000111000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,640,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,460,000
      6.5%
      $1,435,000
      7%
      $1,580,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,725,000
      Geo Method
      $1,305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,365,000
      Retail
      $1,530,000
      Mixed-Use
      $1,740,000
      Hospitality
      $1,790,000
      Educational
      $1,785,000
      Residential Income
      $1,800,000
      Energy
      $1,495,000
      Income-Based Land
      $1,460,000
      Food Service
      $1,870,000

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.8008
    Latitude
    46.8312
    CBSA code
    22020
    CBSA name
    FARGO, ND-MN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,775
    $161,000
    $0.00
    $161,000
    -
    $322,000
    $0.00
    $322,000

    Comparable in this City

    • Value Estimation
      $375,000
      6,440 SF

      5602 36th S St

      OFFICE BUILDING • 6,440 SF
      5602 36th S St, Frontier, ND 58104-6768
      View Details
    • Value Estimation by Request
      15,696 SF

      3233 University S Dr

      OFFICE BUILDING • 15,696 SF
      3233 University S Dr, Fargo, ND 58104-6221
      View Details
    • Value Estimation
      $1,615,000
      7,172 SF

      4745 Amber Vly S Pkwy

      OFFICE BUILDING • 7,172 SF
      4745 Amber Vly S Pkwy, Fargo, ND 58104-8614
      View Details
    • Value Estimation
      $4,185,000
      17,722 SF

      4141 28th S Ave

      OFFICE BUILDING • 17,722 SF
      4141 28th S Ave, Fargo, ND 58104-8468
      View Details
    • Value Estimation
      $305,000
      5,960 SF

      5522 36th S St

      OFFICE BUILDING • 5,960 SF
      5522 36th S St, Fargo, ND 58104-6784
      View Details
    • Value Estimation
      $335,000
      9,612 SF

      3247 39th S St

      OFFICE BUILDING • 9,612 SF
      3247 39th S St, Fargo, ND 58104-6900
      View Details

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    Similar Nearby for Lease

    • $15 SF/Yr
      4,966 SF

      Urban Plains Office/Daycare Space

      Office or daycare space in a popular Fargo location.
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      View Details
    • $1.00 SF/Yr
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      Three-story office building with abundant natural light and modern amenities.
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      Class A Office, 6,504 - 13,941 SF Available
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    • $84 SF/Yr
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      Brandt Office Park: Fargo, ND

      Executive Suites, Coworking Spaces Available
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    • $25 SF/Yr
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      Fargo Office Space: Now Leasing

      Modern Class A Office Suites Available
      5650 34Th Ave, Fargo, ND 58104
      View Details
    • $1,200 /Mo
      80 SF

      Fargo Office Space For Rent

      Office space with natural light suitable for wellness professionals.
      5153 44Th St S, Fargo, ND 58104
      View Details
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    Fargo, ND 58104-6221
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    Realmo Value Estimation

    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.

    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.

    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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