Property profile

5454 51St Ave Fargo, ND 58104

OFF-MARKET
Office Spaces
Property ID
US56-0105800
2,400 SF 0.22 ac lot Built 2020
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Property summary

AI-generated overview

This exceptional 2,400-square-foot office space, located at 5454 51st Ave S in Fargo, North Dakota, presents a unique opportunity for businesses seeking a versatile and well-situated location. Built in 2020, this single-story building sits on a 0.217-acre lot and is zoned for commercial use. The property features 1,400 square feet of finished space and 1,000 square feet of unfinished space, offering flexibility for customization to meet specific business needs. Previously occupied by a chiropractic clinic, the existing layout includes multiple offices, a reception area, a break room, and bathrooms. The building's convenient location provides easy access to major thoroughfares including 52nd Ave S, Veterans Boulevard, and 45th St S, ensuring excellent visibility and accessibility for clients and employees. The property's APN is 01-8443-00130-060. The base rent is $24.00 per square foot, with an estimated CAM expense of $5.50 per square foot. This represents a compelling opportunity to establish a thriving business in a prime Fargo location. The property is available for immediate occupancy.

Property profile

Verified
Property type Office Spaces
Year built 2020
Total area 2,400 SF
Lot 0.22 ac (9,453 SF)
UPID US56-0105800

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
  • Alternative Medicine Practice

Location

5454 51St Ave Fargo, ND 58104
Fargo metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2026
Last sale
$475,000
1 recorded transaction
2026
$475,000

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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