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450 23rd E ave - DMF Development

21.1 Acres of Commercial Land Offered at $9,190,000 in West Fargo, ND 58078

Investment Highlights

  • Interstate visibility

Executive Summary

Exceptional development land available directly on Interstate 94 in West Fargo, ND, one of the last remaining interstate fronting sites on the market! This highly visible 20+ acre site is located adjacent to Costco and Duluth Trading, and sits only ½ mile to Sanford Health’s premiere regional hospital. Within the last 4 years, this corridor has seen tremendous new development with some of the best Class A office buildings in the FM Area.

Property Facts

Price $9,190,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 21.10 AC

1 Lot Available

Lot

Price $9,190,000
Price Per AC $435,545.02
Lot Size 21.10 AC

Exceptional development land available directly on Interstate 94 in West Fargo, ND, one of the last remaining interstate fronting sites on the market! This highly visible 20+ acre site is located adjacent to Costco and Duluth Trading.

Description

Exceptional development land available directly on Interstate 94 in West Fargo, ND, one of the last remaining interstate fronting sites on the market! This highly visible 20+ acre site is located adjacent to Costco and Duluth Trading, and sits only ½ mile to Sanford Health’s premiere regional hospital. Within the last 4 years, this corridor has seen tremendous new development with some of the best Class A office buildings in the FM Area. Neighbors include Enclave, River’s Bend Medical Center, Vance Thompson Vision, Doosan Bobcat and Titan Machinery. Along with Costco and Duluth Trading, there is a great national tenant mix in the vicinity including Verizon, Jimmy John’s, McDonalds, Taco Bell, and Courtyard by Marriott. In addition to the numerous commercial and retail neighbors, this site is directly adjacent to River’s Bend at the Preserve, one of the most desirable single-family developments in the area. With traffic counts exceeding 34k vehicles per day on I-94, this development land is a great opportunity for a large corporate office center, with the potential for retail opportunities that can feed off the high traffic volume pulled in from Costco and Duluth Trading. Lots can be sized smaller or larger based on a buyer’s requirements. Do not miss out on this rare opportunity!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-4613-00010-000
Land Assessment
$3,761,800
Improvements Assessment
$0
Total Assessment
$3,761,800

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 30532559

  • Date on Market: 1/4/2024

  • Last Updated:

  • Address: 450 23rd E ave, West Fargo, ND 58078

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