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Property profile & analytics
OFF-MARKET
Mixed-use properties

3309 Fiechtner Dr Fargo, ND 58103

35,566 SF Built 1976
Entity Owned 5-yr Hold
Property ID
US56-0056671
Property summary
AI-generated overview

This exceptional Fargo, North Dakota investment opportunity comprises a portfolio of three commercial buildings totaling 35,566 square feet on a 119,964 square foot lot. Located at 3309 Fiechtner Dr S, Fargo, ND 58103, this mixed-use property is zoned Limited Industrial (LI), catering to diverse business needs. The buildings, constructed in 1976, offer a versatile blend of office, retail, warehouse, and manufacturing space, ideal for wholesale, warehousing, and distribution operations. Currently generating a 7.5% cap rate, this property presents significant potential for increased rental income and return on investment. The asking price is $2,695,000, translating to $75.77 per square foot. This dynamic portfolio offers a compelling investment opportunity for those seeking a high-return, multi-faceted commercial property in a prime Fargo location. The property's adaptability and current operational success make it an attractive prospect for long-term growth and profitability.

Property profile
Verified
Property type Mixed-use properties
Year built 1976
Total area 35,566 SF
UPID US56-0056671
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
  • Sarah Edwards Physician Medical Clinic
  • SUPER PROS moving company Moving Company
  • KISC Components, Inc. Auto Repair Shop
  • Great Plains Plastic Molding Factory Production Facility
  • Farmers Insurance - Kelly Terhark Insurance Agency
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
Westrac Business Centre LLC · 5 yrs held
Westrac Business Centre LLC
since 2020
5 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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