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Property profile & analytics
OFF-MARKET
Lifestyle centers
745 45Th St Fargo, ND 58103
Entity Owned
1-yr Hold
Property ID
US56-0017978
Property summary
AI-generated overview
This exceptional investment opportunity presents a stabilized, multi-tenant retail shopping center and storefront located at 745 45th St S, Fargo, ND 58103, in Cass County. The property, built in 1999 and renovated in 2017, boasts 13,725 square feet of net rentable space across eight units, currently operating at 100% occupancy since May 1, 2017. The property features a single, one-story building situated on a substantial 86,847 square foot lot, zoned for commercial use. The asking price is $1,560,000, representing a compelling price per square foot of $113.66 and an attractive 8.14% cap rate. The property's strong financial performance is reflected in its Net Operating Income (NOI) of $126,916, with a remaining lease term of five years and a triple net (NNN) lease structure. This value-add opportunity is held in trust and offers a significant return on investment for the discerning buyer. The property's APN is 10-3880-01601-000.
Property profile
Verified
Property type
Lifestyle centers
Year built
1999
Total area
13,725 SF
APN
10-3880-01601-000
UPID
US56-0017978
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
Current use
Occupant on record · Public records
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Sualiha Business Center Boutique & Electronics Electronics & Wireless Store
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CSI Security Security Service
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Fargo Motor Vehicle (Vehicle Registration Only) Department Of Motor Vehicles
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Motor Vehicle Division Fargo Branch Registry Office
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Kinder Kloset (Bike/Boat/Book/etc) Store Clothing & Fashion Store
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
Ak Investment Proeprties LLC · 1 yrs held
Ak Investment Proeprties LLC
since 2025
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fargo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fargo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Lifestyle centers
Status
Off-Market
Year built
1999
Total area
13,725 SF
APN
10-3880-01601-000
UPID
US56-0017978
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Current owner
From public records · entity-resolved
Ak Investment Proeprties LLC
Entity
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
$1,400,000
Ak Investment Proeprties LLC
Jason R Eid
Personal Rep. Deed
$1,050,000 · Town & Country Cu
Oct 23, 2023
—
Jason R Eid
—
Deed
related
$3,000,000 · Bell Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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