Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    3342 Sheyenne St West Fargo, ND 58078

    Property Lookup

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

    3342 Sheyenne St West Fargo, ND 58078

    View on Map
    • Banks
    • 2,784 SF
    Off-Market
    Property ID
    US56-0005890
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Banks

    Property Details for 3342 Sheyenne St

    Year built
    2005
    Property size
    2,784 SF
    Property type
    Banks
    APN
    02-0210-00080-000

    Description

    This exceptional 2,784 square foot commercial property, located at 3342 Sheyenne Street in West Fargo, North Dakota, presents a unique investment opportunity. Built in 2005, this well-maintained building sits on a 43,332 square foot lot and features a desirable PUD zoning designation. The property boasts a turnkey bank branch layout, including three spacious offices, a conference room, restrooms, a breakroom, and ample storage. Three drive-up lanes, an ATM lane, and 25 parking spaces ensure convenient customer access. The building's exterior is constructed of brick and siding, with a shingle roof and asphalt parking lot. Its high-visibility location at the busy intersection of Sheyenne Street and 34th Avenue West offers significant potential for various business uses, including a professional services firm. The asking price is $1,250,000, and the property's APN is 02-0210-00080-000. This is a rare opportunity to acquire a well-established, versatile commercial property in a thriving West Fargo location. The property is ready for immediate occupancy, offering significant return on investment potential. The building's layout is adaptable, making it suitable for a variety of professional uses. The ample parking and convenient drive-thru lanes are key features that enhance the property's appeal and functionality.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    West Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.9063712
    Latitude
    46.8304253

    Comparable in this City

    • Contact for pricing
      2,891 SF

      Retail Space at EPIC

      902 SF retail space in multi-use building.
      3140 Sheyenne St, West Fargo, ND 58078
      View Details
    • Contact for pricing
      22,024 SF

      Retail Space Near Costco

      Turn-key retail space anchored by Costco with high traffic.
      815 23Rd Ave E, West Fargo, ND 58078
      View Details
    • Contact for pricing
      191,067 SF

      Prime Development Land Near Veterans

      4.39 acres of development land near major retailers.
      501 23Rd Ave E, West Fargo, ND 58078
      View Details
    • $3,815,840
      23,849 SF

      West Fargo Bank Office Building

      Two-story bank building on 4+ acres in West Fargo.
      901 13Th Ave E, West Fargo, ND 58078
      View Details
    • Contact for pricing
      11,040 SF

      West Fargo Investment Property

      Investment property with redevelopment potential in West Fargo's Main Ave.
      133 Main Ave W, West Fargo, ND 58078
      View Details
    • Contact for pricing
      16,015 SF

      West Fargo Office and Shop

      16,015 SF office and shop building in West Fargo.
      2528 Main Ave W, West Fargo, ND 58078
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,891 SF

      Retail Space at EPIC

      902 SF retail space in multi-use building.
      3140 Sheyenne St, West Fargo, ND 58078
      View Details
    • Contact for pricing
      22,024 SF

      Retail Space Near Costco

      Turn-key retail space anchored by Costco with high traffic.
      815 23Rd Ave E, West Fargo, ND 58078
      View Details
    • Contact for pricing
      191,067 SF

      Prime Development Land Near Veterans

      4.39 acres of development land near major retailers.
      501 23Rd Ave E, West Fargo, ND 58078
      View Details
    • $3,815,840
      23,849 SF

      West Fargo Bank Office Building

      Two-story bank building on 4+ acres in West Fargo.
      901 13Th Ave E, West Fargo, ND 58078
      View Details
    • Contact for pricing
      11,040 SF

      West Fargo Investment Property

      Investment property with redevelopment potential in West Fargo's Main Ave.
      133 Main Ave W, West Fargo, ND 58078
      View Details
    • Contact for pricing
      16,015 SF

      West Fargo Office and Shop

      16,015 SF office and shop building in West Fargo.
      2528 Main Ave W, West Fargo, ND 58078
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Center in West Fargo

      Mixed-use shopping center with retail, restaurant, office, and medical spaces.
      1405 Prairie Pkwy, West Fargo, ND 58078
      View Details
    • $23 SF/Yr
      1,225 SF

      West Fargo Executive Office Condo

      Modern Office Space, 1225 SF, West Fargo
      3937 4Th St, West Fargo, ND 58078
      View Details
    • Contact for pricing

      Mixed-Use Shopping Center Space

      Mixed-use property with retail, restaurant, office, and medical spaces.
      1365 Prairie Pkwy, West Fargo, ND 58078
      View Details
    • Contact for pricing

      Mixed-Use Project in West Fargo

      Five-story mixed-use project with apartments and commercial space for rent.
      2920 Sheyenne St, West Fargo, ND 58078
      View Details
    • Contact for pricing
      2,616 SF

      Mixed-Use Center in West Fargo

      Mixed-use shopping center with retail, restaurant, office, and medical businesses.
      1405 Prairie Pkwy, West Fargo, ND 58078
      View Details
    • Contact for pricing

      West Fargo Office/Retail Space

      Turnkey office or retail spaces in a bustling West Fargo location.
      3140 Blue Stem Dr, West Fargo, ND 58078
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3342 Sheyenne St
    West Fargo, ND 58078
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    3342 Sheyenne St, West Fargo, ND, 58078

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!