Property summary
This exceptional 3.19-acre commercial property, located at 3804 36th St S in Fargo, North Dakota, presents a unique investment opportunity. Boasting 139,147 square feet and zoned for agricultural use (Ag), this land offers significant potential for development. The asking price is $1,669,764, translating to $12 per square foot. Its prime location at the prominent corner of 40th Avenue and 36th Street South provides unparalleled visibility from Interstate 29, a major thoroughfare. The property benefits from its proximity to a thriving residential community and a dynamic mix of established large retailers, including Fleet Farm, ensuring high traffic and customer accessibility. Convenient access is further enhanced by the I-29 underpass at 40th Avenue. The site features two existing curb cuts on 36th Street South, simplifying development plans. The current property owner is open to build-to-suit options and potential partnerships, offering flexibility for prospective developers. This location offers a blend of residential, office, and retail activity, making it ideal for mixed-use development.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The AG, Agricultural district is intended to accommodate agricultural land uses and provide an interim zoning classification for lands pending a determination of an appropriate permanent zoning designation.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
AG · Fargo, NDThe AG, Agricultural district is intended to accommodate agricultural land uses and provide an interim zoning classification for lands pending a determination of an appropriate permanent zoning designation.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The AG, Agricultural district is intended to accommodate agricultural land uses and provide an interim zoning classification for lands pending a determination of an appropriate permanent zoning designation.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for AG in Fargo, ND.
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