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Property profile & analytics
OFF-MARKET
Office Units

4720 7Th Ave Fargo, ND 58103

11,590 SF Built 1999
Entity Owned 1-yr Hold
Property ID
US56-0030657
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1-story, 11,590 square foot Class B office building situated on a 51,690 square foot lot in Fargo, North Dakota. Built in 1999 and renovated in 2015, the property boasts 7 units with an 80% occupancy rate, generating a strong NOI of $106,546 and a 7.50% cap rate. The asking price is $1,420,000, translating to $122.52 per square foot. The property is zoned for commercial use and operates under a NNN lease structure. This multi-tenant building offers a blend of creative and traditional office spaces, making it an attractive option for a diverse range of businesses. The property's location at 4720 7th Ave S, Fargo, ND 58103, within Cass County, provides excellent access to key amenities and transportation routes. The property is held in trust and its APN is 01-3880-01561-000. This value-add investment presents a compelling opportunity for growth and strong returns. The property's stabilized nature and proven cash flow make it an ideal addition to any portfolio.

Property profile
Verified
Property type Office Units
Year built 1999
Total area 11,590 SF
APN 01-3880-01561-000
UPID US56-0030657
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
  • Jasmin Child Care and Preschool High School Daycare Center
  • Nile River Grocerant Grocery & Convenience Store Food Market
  • Friendship Inc. Social Service Agency Charitable Organization
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
Grace Chapel LLC · 1 yrs held
Grace Chapel LLC
since 2025
2 recorded transactions
2026
Price N/A
2025
$1.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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