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

    5630 34Th Ave Fargo, ND 58104

    • Office space
    • 6,084 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US56-0740959
    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

    • McGuire Professional Services. / Corporate Office
    • Montgomery & Pender, PC / Law Firm
    • Montgomery Goff & Bullis-Attorneys / Law Firm

    Property Details for 5630 34Th Ave

    Property size
    6,084 SF
    Property type
    Office space

    Description

    This exceptional 6,084 square foot single-tenant office space, located at 5630 34th Ave S in Fargo, North Dakota, 58104, presents a unique opportunity for businesses seeking a prime location and functional layout. Classified as both Executive and Creative Office space, this property offers a versatile environment suitable for a variety of professional settings. The suite, identified as Suite 110, boasts four generously sized offices, two of which include private restrooms, enhancing privacy and convenience. A dedicated reception area ensures a professional first impression, while a comfortable break room provides a space for relaxation and informal meetings. Additional amenities include a dedicated file/copy room and a formal meeting room, catering to diverse business needs. The property's convenient location near Veteran's Boulevard offers excellent accessibility and visibility, making it an ideal choice for businesses seeking a prominent presence in Fargo. The building's total square footage is 6,084 square feet, providing ample space for growth and expansion. This property is perfect for businesses seeking a well-appointed and strategically located office space in a thriving North Dakota market. The property is categorized as Retail and Office, but this listing specifically focuses on the available office space.

    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
    -96.8809753
    Latitude
    46.8268965

    Comparable in this City

    • $21 SF/Yr

      Prime Retail or Office Space

      Expansive property ideal for retail or professional offices with storage.
      2600 52Nd Ave S, Fargo, ND 58104
      View Details
    • $14 SF/Yr
      3,162 SF

      Fargo Office/Retail Space Available

      Prime Fargo location, 3162 sq ft, immediate occupancy.
      4674 40Th Ave, 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
    • $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

    Similar Nearby for Sale

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    • $2,753,776
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    • $1,923,432
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      Brandt Crossing Commercial Land

      Prime Fargo Development Site, 80,143 SF
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    • $1,426,586
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      Crossroads Commercial Land - Lot 1

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      Brandt Crossing Commercial Land

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    Similar Nearby for Lease

    • $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
    • $14 SF/Yr
      3,162 SF

      Fargo Office/Retail Space Available

      Prime Fargo location, 3162 sq ft, immediate occupancy.
      4674 40Th Ave, Fargo, ND 58104
      View Details
    • $21 SF/Yr

      Prime Retail or Office Space

      Expansive property ideal for retail or professional offices with storage.
      2600 52Nd Ave S, Fargo, ND 58104
      View Details
    • $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
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    5630 34Th 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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