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

    4500 36Th Ave Fargo, ND 58104

    • Office space
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US56-0114367
    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

    • The Title Team | Plains Title / Title Company
    • Endurance Sport and Spine / Chiropractor
    • Katie Rummel / Occupational Therapist
    • Haley Schmoll / Speech Pathologist / Health Care Facility
    • Active Recovery Massage / Massage Therapist

    Property Details for 4500 36Th Ave

    Property type
    Office space

    Description

    This exceptional Class A office space, located within the prestigious Maple Ridge Office Park at 4500 36th Ave S, Fargo, ND 58104, offers a unique blend of functionality and prime location. The suite boasts a generous layout currently configured with four large private offices, a welcoming reception area, a convenient breakroom, and a sizable open area perfect for collaborative work or additional office space. With the potential to add three or more offices, this versatile space is ideal for businesses seeking expansion or flexible configurations. Situated on a signalized corner, the property enjoys excellent visibility and accessibility, further enhanced by its prominent placement on the building's monument sign. The building itself is a first-class office building along 45th Street, ensuring a professional and impressive image for your business. The property type is Traditional Office, Executive Office, and Creative Office, catering to a variety of business needs. The tenancy is multiple, offering opportunities for collaboration or expansion within the building. The total square footage is not currently available. This property is located in Cass County, North Dakota, offering easy access to major transportation routes and amenities. The property's prime location and flexible layout make it an exceptional opportunity for businesses seeking a high-profile and functional office space in Fargo.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.86243099
    Latitude
    46.82560028

    Comparable in this City

    • $84 SF/Yr
      15,002 SF

      Brandt Office Park: Fargo, ND

      Executive Suites, Coworking Spaces Available
      3523 45Th St, 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
    • $17 SF/Yr
      8,420 SF

      South Fargo Office Space Available

      Office space with great visibility and underground parking available.
      4150 40Th Ave S, Fargo, ND 58104
      View Details
    • $13 SF/Yr
      3,954 SF

      Office Space in Fargo

      Second floor office space available for lease in Fargo.
      4776 28Th Ave S, Fargo, ND 58104
      View Details
    • $14 SF/Yr
      2,204 SF

      Office Space For Lease

      Office space available for lease in growing Fargo area.
      4749 Amber Valley Pkwy S, Fargo, ND 58104
      View Details
    • $12 SF/Yr
      1,337 SF

      Office and Warehouse Space Available

      Office and warehouse spaces for rent in South Fargo.
      4151 38Th St S, Fargo, ND 58104
      View Details

    Similar Nearby for Sale

    • $1,566,144
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      Brandt Crossing Commercial Land

      Fargo, ND development site; prime location.
      3210 51St St, Fargo, ND 58104
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    • $3,317,592
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      Fargo Commercial Lot - Development Site

      Prime Fargo location, 138,233 SF, build-to-suit options.
      5500 32Nd Ave, Fargo, ND 58104
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    • $2,753,776
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      Fargo Executive Office Land

      Prime Fargo commercial land, high traffic.
      4155 23Rd Ave, Fargo, ND 58104
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    • $1,923,432
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      Brandt Crossing Commercial Land

      Prime Fargo Development Site, 80,143 SF
      3217 47Th St, Fargo, ND 58104
      View Details
    • $1,426,586
      2.34 Acres

      Crossroads Commercial Land - Lot 1

      Fargo, ND executive office land
      4155 23Rd Ave, Fargo, ND 58104
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    • $965,880
      53,660 SF

      Brandt Crossing Commercial Land

      Prime Fargo commercial lot, 53,660 sq ft.
      3230 51St St, Fargo, ND 58104
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    Similar Nearby for Lease

    • $84 SF/Yr
      15,002 SF

      Brandt Office Park: Fargo, ND

      Executive Suites, Coworking Spaces Available
      3523 45Th St, 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
    • $13 SF/Yr
      8,313 SF

      M5 Office Park: Fargo Office Space

      8,313 SF Office Building, 3,380 SF Available
      3253 42Nd St, Fargo, ND 58104
      View Details
    • $12 SF/Yr
      2,712 SF

      Fargo Office Space For Lease

      Office space available for lease in the Apex Business Center.
      4141 38Th St S, Fargo, ND 58104
      View Details
    • $15 SF/Yr
      1,248 SF

      Office Space with High Visibility

      Office space available with high traffic and signage opportunities.
      3481 University Dr S, Fargo, ND 58104
      View Details
    • $22 SF/Yr
      15,377 SF

      EAST 32: Prime Cass County Office Space

      Modern Office Suites, 7 Available, High Traffic
      4266 32Nd Ave, Fargo, ND 58104
      View Details
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    4500 36Th Ave
    Fargo, ND 58104
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    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
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