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Investment Highlights

  • Adjacent to Sanford Medical Center Fargo.
  • Fully served by city utilities with minimal specials.
  • The area is bustling with development and amenities.
  • Zoned for a variety of commercial uses.
  • High traffic exposure between two major I-94 exits.

Executive Summary

This 2.5-acre commercial land parcel offers a rare development opportunity in a high-growth corridor of Fargo, North Dakota. Strategically positioned adjacent to the Sanford Medical Center Fargo, a state-of-the-art healthcare facility, the site benefits from strong visibility and immediate access to major arterial routes including Interstate 94, Veterans Boulevard, and 45th Street South. Zoned Limited Commercial, the property supports a wide range of development possibilities while remaining outside the 100-year floodplain and meeting required building elevations.

Property Facts

Price $2,061,911
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 2.50 AC
Zoning LC - Limited Commercial

1 Lot Available

Lot

Price $2,061,911
Price Per AC $825,424.74
Lot Size 2.50 AC

The property is a 2.5-acre undeveloped parcel located at 4900 23rd Ave S in Fargo, North Dakota. It is adjacent to Sanford Medical Center Fargo and positioned between Interstate 94 and two major arterial roads: Veterans Boulevard and 45th Street Sout

Description

The property is a 2.5-acre undeveloped parcel located at 4900 23rd Ave S in Fargo, North Dakota. It is adjacent to Sanford Medical Center Fargo and positioned between Interstate 94 and two major arterial roads: Veterans Boulevard and 45th Street South. The site is zoned Limited Commercial and lies outside the 100-year floodplain. It is fully served by city utilities and has remaining specials of $0.45 per square foot. Traffic counts include approximately 11,000 vehicles per day on 23rd Avenue and 49,000 vehicles per day on Interstate 94. The surrounding area includes medical facilities, commercial businesses, hospitality establishments, and residential developments.

Property Taxes

Property Taxes

Parcel Number
01-7680-00103-000
Land Assessment
$419,000
Improvements Assessment
$0
Total Assessment
$419,000
  • Listing ID: 37648353

  • Date on Market: 9/12/2025

  • Last Updated:

  • Address: 4900 23rd Ave S, Fargo, ND 58103

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