630 1St AveFargo, ND 58102

Property Details for 630 1St Ave

Year built

2008

Lot size

1.07 AC

Property size (Sq ft)

160,772 SF

Zone code

DMU

Property type

Retail properties

Property subtype

Retail space

APN

01-2381-00237-000

APU

1238100237000

Description

Cityscapes Plaza, located at 630 1st Ave N in Fargo, North Dakota, offers a unique opportunity for businesses seeking prime office space. This five-story, 40,000 square foot building, constructed in 2009 and renovated in 2020, boasts a diverse range of office options, including traditional, executive, creative, and coworking spaces. The building is zoned commercial and situated in Cass County, offering easy access to downtown amenities. Currently, there are 20,213 square feet of vacant space available, divisible into units as small as 3,096 square feet, with a maximum contiguous space of 20,213 square feet. The building features four total suites and convenient amenities such as elevators. Cityscapes Plaza is a mixed-use development, with commercial space on the first floor, apartments above, and underground parking below. Its location along 1st Ave and Roberts Street in the heart of downtown Fargo provides excellent visibility and accessibility. This property presents a compelling opportunity for businesses of all sizes seeking a modern and well-located office space in a thriving urban environment. The building's versatile design caters to a variety of business needs, making it an ideal location for companies seeking flexible and adaptable workspace solutions.

• CAP approach

  CAP return

  Valuation

  6%

  $43,451,384

  6.5%

  $40,108,972

  7%

  $37,244,044

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,678,624

  Geo Method

  $20,678,624

• Alternative Use

  Use

  Valuation

  Residential

  $33,833,416

  Hospitality

  $30,991,228

  Educational

  $25,784,338

  Medical

  $26,671,102

  Retail

  $40,108,972

Location Insight

City

Fargo

County

Cass

State

North Dakota

Latitude

46.8767

Longitude

-96.7892

CBSA code

22020

CBSA name

FARGO, ND-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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