1241 UniversityFargo, ND 58102

  • Office buildings
  • 21,625 SF
Off market
$9,307,870 Estimated

Property Details for 1241 University

Year built
1997
Lot size
0.93 AC
Property size (Sq ft)
21,625 SF
Zone code
LC
Property type
Office buildings
APN
01-2220-05012-000
APU
1222005012000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,975,868
    6.5%
    $3,670,032
    7%
    $3,407,887
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,103,740
    Geo Method
    $1,103,740
  • Alternative Use

    Use
    Valuation
    Residential
    $4,550,840
    Hospitality
    $4,168,545
    Educational
    $3,468,180
    Medical
    $3,587,456
    Retail
    $5,394,948

Location Insight

City
Fargo
County
Cass
State
North Dakota
Latitude
46.8921
Longitude
-96.7977
CBSA code
22020
CBSA name
FARGO, ND-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,126
$101,000
-
$101,000
-
$202,000
-
$202,000

FAQs

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