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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    718 Main Ave, Fargo, ND 58103

    0.08 ac lot
    Entity Owned 6-yr Hold
    Property ID
    US56-0047675
    Property summary
    AI-generated overview

    This exceptional 0.08-acre development lot presents a unique investment opportunity in the heart of downtown Fargo, North Dakota. Located at 718 Main Avenue, this property offers unparalleled potential for a variety of development projects. The zoning allows for the construction of residential condos, retail spaces, or executive office buildings, catering to the growing demand in this vibrant urban core. The lot's prime location ensures high visibility and accessibility, making it an attractive proposition for developers seeking a high-return investment. Adding to its appeal, this lot sits adjacent to the beautifully renovated 718 Main building, presenting a potential for combined acquisition and development, creating a synergistic project. The asking price for this remarkable property is $150,000. This is a rare chance to secure a piece of Fargo's thriving downtown area and capitalize on its continued growth and development. The property is situated in Cass County, North Dakota, with the address being 718 Main Ave, Fargo, ND 58103. Don't miss this opportunity to shape the future of downtown Fargo. This is a truly exceptional development opportunity in a prime location.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.08 ac (3,485 SF)
    UPID US56-0047675
    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
    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
    Bh Properties LLC · 6 yrs held
    Bh Properties LLC
    since 2019
    4 recorded transactions
    2023
    2020
    2019
    $113,000
    2019
    $1.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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