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11 12th N. st - Downtown Fargo Infill Land
2.08 Acres of Commercial Land Offered at £2,269,105 in Fargo, ND 58102
Investment Highlights
- One of the largest remaining undeveloped tracts of land within the Fargo Renaissance Zone
- Eligible for an Opportunity Zone development
- Recent RZ projects have received an 8-year property tax abatement in addition to other non-RZ incentives available
- Public off-street parking available - 60+ public parking spaces immediately abutting the property
- Walk Score of 94
Executive Summary
Public Off-street parking available - 60+ public parking spaces immediately abutting the property
Eligible for an Opportunity Zone development
Walk Score of 94
Recent RZ projects have received an 8-year property tax abatement in addition to other non-rz incentives available
Data Room Click Here to Access
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | £2,269,105 | Proposed Use | |
| Sale Type | Investment or Owner User | Total Lot Size | 2.08 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | Parcel Number | 01-2382-04070-000 |
| Property Subtype | Commercial |
| Price | £2,269,105 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.08 AC |
| Opportunity Zone |
Yes |
| Parcel Number | 01-2382-04070-000 |
1 Lot Available
Lot
| Price | £2,269,105 | Lot Size | 2.08 AC |
| Price Per AC | £1,089,939 |
| Price | £2,269,105 |
| Price Per AC | £1,089,939 |
| Lot Size | 2.08 AC |
Opportunity to purchase 2+ acres of infill development land in downtown Fargo! Claim your spot in Fargo's vibrant downtown, full of pioneering spirit, culture, and attractions beyond a typical city its size. Boasting a DMU zoning.
Description
Claim your spot in Fargo’s vibrant downtown, full of pioneering spirit, culture, and attractions beyond a typical city its size. Boasting a DMU zoning designation, the property presents versatile development potential in a thriving commercial district. Its strategic location in Fargo provides access to a well-diversified economy and a growing business community, positioning it as an ideal choice for those seeking to capitalize on the city’s economic vitality. This property represents a compelling opportunity for developers looking to establish or expand their presence in the dynamic Fargo real estate market.
zoning
| Zoning Code | DMU |
| DMU |
Presented by
11 12th N. st - Downtown Fargo Infill Land
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