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Investment Highlights

  • Located at the signalized intersection of 32nd Avenue South and 42nd Street South for maximum exposure.
  • Less than 0.5 miles from the I-29 and 32nd Avenue interchange for convenient regional access.
  • Surrounded by established retailers, restaurants, and professional service businesses.
  • High traffic corridor with over 25,000 vehicles per day.
  • Two parcels available with existing water retention infrastructure on-site.
  • Positioned in a high-growth South Fargo district experiencing substantial commercial and residential development.

Executive Summary

Two parcels remain available for development: Parcel B at approximately 0.62 acres and Parcel D at 1.35 acres. Both sites benefit from existing water retention infrastructure and are ideally suited for retail, medical, or office development. The surrounding trade area is anchored by strong regional and national retailers, restaurants, financial institutions, and professional services. Daily traffic counts exceed 25,000 vehicles, ensuring outstanding exposure for prospective developments.

Property Facts

Price $323,916 - $970,155
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 1.97 AC
Zoning GC

2 Lots Available

Lot B

Price $323,916
Price Per AC $522,720.01
Lot Size 0.62 AC

Lot D

Price $646,239
Price Per AC $479,167.98
Lot Size 1.35 AC

Description

Location, visibility, and accessibility, this site has it all! These prime commercial lots sit at the intersection of two major roadways in South Fargo and less than ½ mile west off the Interstate 29 & 32nd Ave S interchange. Recent and future developments along 42nd Street and 32nd Ave make these lots a great fit for medical, office, retail and more. This is an excellent opportunity to acquire prime commercial land in this rapidly developing South Fargo location!

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 01-8865-00100-000
  • 01-8865-00200-000
  • 01-8865-00400-000
  • 01-8865-00700-000
  • 01-8865-00600-000
  • 01-8865-00500-000
  • 01-8865-00300-000
Land Assessment
$1,613,000
Improvements Assessment
$4,915,700
Total Assessment
$6,528,700
  • Listing ID: 23146722

  • Date on Market: 5/20/2021

  • Last Updated:

  • Address: 4220 31st Ave S, Fargo, ND 58104

Contact the Sale Advisor

4220 31st Ave S - 32nd Ave/42nd St Commercial Land

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