2629 12th Street North

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2629 12th Street North

Fargo, ND 58102
Asking Price
$187K
Asset Type
Flex Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial flex shop condo located in North Fargo.
  • Total interior space measures 1,016 square feet.
  • Asking price for this asset is $187,000.
  • The property is currently available for purchase.
  • Well-suited for small industrial or workshop operations.

What's Special

Fargo maintains a steady economic landscape driven by diversified sectors including manufacturing and logistics, supporting a consistent demand for versatile industrial space. Situated at 2629 12th Street North, this flex industrial shop condo spans 1,016 square feet within the North Fargo submarket. The property serves as a functional choice for small business operations, workshop needs, or specialized storage requirements that benefit from the accessibility of this growing regional hub. Flex assets of this scale provide practical flexibility for light industrial use or professional trades requiring a base of operations. The layout accommodates a range of commercial applications, making it a viable acquisition for investors or owner-occupants looking to establish a footprint in the local industrial market. Its strategic positioning allows for efficient movement across the metro area, supporting various professional business activities.

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NOI
$80,000
Cap Rate
42.78%
DSCR
7.21
Strong
Cash-on-Cash
122.81%
Monthly Payment
$925.174
Annual Cash Flow
$68,897.912

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