700 College St Fargo, ND 58102
This 3,600 square foot warehouse, built in 2021, is located at 700 College St, Fargo, ND 58102. The property sits on a 0.21-acre lot and is zoned for Limited Industrial use. The building features two 14-foot overhead doors, a demising wall allowing for flexible use, and two restrooms (one on each side of the demising wall). Separate meters for each side offer the potential for owner-occupancy and rental income. Currently, a tenant occupies the space, requiring a 90-day notice for a sale transaction. The asking price is $559,000 ($155.28/sq ft). The property's convenient location offers proximity to 701 Eateries, Sanford Health, North Dakota State University, and Family Fare, making it an attractive investment opportunity. The APN is 01-1620-00111-000. This newly constructed warehouse presents a unique chance to acquire a versatile commercial space in a thriving Fargo neighborhood. The property includes two loading docks.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
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