West Fargo, ND
Commercial Real Estate Market Trends & Data

$145 Avg asking sale price
$16 Avg asking lease rate
12,460 SF Avg unit lease size
33,692 SF Avg building size for sale
7.34% Average cap rate

West Fargo's Demographic Profile

West Fargo has 16,370 households and a median income of $90,943, providing context for rent absorption and tenant demand across retail and multifamily assets. A +7% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 41,580
# Households 16,370
Median age 35
Median household income $90,943
Avg household size 3.0
Renter-occupied housing units 6,094
5-year population change +7%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near West Fargo, ND

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
West Fargo $197 45,980 SF 7.01%
Fargo $165 34,432 SF 7.01%
Nearby Retail Markets Avg Cost/SF Typical Size
West Fargo $129 6,752 SF
Fargo $153 8,473 SF
Moorhead $170 10,539 SF
Dilworth $235 15,402 SF
Wahpeton $56 3,600 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Fargo $111 28,911 SF 6.25%
Moorhead $111 28,911 SF 6.25%
Park Rapids $84 30,834 SF 8.57%

Commercial Properties For Sale in West Fargo

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

900 42nd St S

Fargo, ND 58103

  • 155,989 SF Office Building
  • $14,000,000
For Sale

5498 51st Ave S Office & Retail Building

Fargo, ND 58104

  • 2,464 SF Retail Building
  • $499,900
For Sale

5936 53rd Ave

Fargo, ND 58104

  • 25,000 SF Industrial Building
  • $2,750,000
For Sale

WEST 94 AREA RAW LAND

Mapleton, ND 58059

  • 167.14 AC Lot
  • 1 Commercial Lot
  • $7,280,618
For Sale

2055 Verna North way

Fargo, ND 58102

  • 0.74 - 3.34 AC Lots
  • 5 Commercial Lots
  • $199,000 - $2,001,832
For Sale

3523 45th St S

Fargo, ND 58104

  • 15,020 SF Office Building
  • 7.01% Cap Rate
  • $3,850,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether West Fargo pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
West Fargo $145 33,692 SF
Fargo $151 31,825 SF
Harwood $151 1,620 SF
Mapleton $65 10,800 SF

Regional Demographic Comparison

This comparison places West Fargo alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in West Fargo or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
West Fargo 41,580 16,370 35 $90,943 3 6,094 7%
Fargo 133,900 60,064 34 $59,371 2 35,316 7%
Frontier 187 76 33 $111,875 2 36 6%
Harwood 803 281 41 $140,151 3 10 4%
Mapleton 1,501 523 36 $99,663 3 26 7%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in West Fargo, ND and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in West Fargo

View All Commercial Real Estate For Sale in West Fargo
Is West Fargo a good market for a first-time commercial real estate investor?

West Fargo offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in West Fargo?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in West Fargo. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in West Fargo?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for West Fargo. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does West Fargo compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to West Fargo. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for West Fargo acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in West Fargo, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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