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Property profile & analytics
OFF-MARKET
Office Spaces

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 Office Spaces
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bh Properties LLC · 6 yrs held
Bh Properties LLC
since 2019
4 recorded transactions
2023
Price N/A
2020
Price N/A
2019
$113,000
2019
$1.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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