Property profile

3985 56Th St Fargo, ND 58103

OFF-MARKET
Retail properties & Spaces
Property ID
US56-0697440
11,460 SF Built 2016
Individually Owned 9-yr Hold
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Property summary

AI-generated overview

Veterans Square, located at 3985 56th St S in Fargo, North Dakota (zip code 58103), offers a prime retail and office space opportunity. This Class B property, built in 2016, boasts a total of 11,460 square feet across seven suites. The building is ideally situated at the corner of Veterans Blvd and 40th Ave S, ensuring excellent visibility and accessibility for businesses. Suites C and E are currently available. The minimum divisible space is 972 square feet, with a maximum contiguous space of 2,250 square feet, providing flexibility for various business needs. The property's location benefits from proximity to numerous schools and prime residential areas, creating a strong customer base. The existing tenant mix includes a good selection of neighborhood retail and service businesses, fostering a thriving commercial environment. This property is perfect for medical, service, or office tenants seeking a well-established location with high visibility in a growing Fargo neighborhood. The property type is categorized as Retail and Restaurant, with a subtype of Medical, Service, and Office, making it suitable for a wide range of businesses. Interested parties should inquire about available suite sizes and lease terms.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2016
Total area 11,460 SF
UPID US56-0697440

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Pet Grooming Service
  • Restaurant
  • Gym & Fitness Center

Location

3985 56Th St Fargo, ND 58103
Fargo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2016
2 recorded transactions
2018
Price N/A
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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