West Fargo, ND Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in West Fargo, North Dakota Market population: 27K. Browse multifamily, office, retail, industrial, and mixed-use...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For West Fargo ND Properties: 1.3400%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For West Fargo ND
Common questions from investors exploring commercial real estate in West Fargo ND.
What makes West Fargo, ND an attractive market for real estate investment?
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The city's relatively low poverty rate of 7.1% combined with a high health insurance coverage rate of 94.5% suggests a stable and employed population, making it an attractive market for real estate investment. Additionally, the top industries in Wholesale Trade, Information, and Professional Services drive demand for housing. The median household income of $68,360 and a short average commute time of 16.6 minutes also contribute to the city's appeal.
How does the ethnic diversity of West Fargo impact the local real estate market?
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The city's ethnic diversity, with a majority of White (46.9%) and White Non-Hispanic (46.6%) populations, indicates a relatively homogeneous market. However, the presence of other ethnic groups, such as Two Or More (1.9%), suggests some diversity. This diversity, combined with a strong economy and low poverty rate, can lead to a stable and growing real estate market. The top industries and high employment rate of 16,482 also support a diverse range of housing needs.
What are the key factors that influence the quality of life in West Fargo, and how do they impact real estate investment?
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The average commute time of 16.6 minutes, top commute methods of Drove Alone, Worked At Home, and Carpooled, and high health insurance coverage rate of 94.5% all contribute to a high quality of life in West Fargo. These factors, combined with a median property value of $156,700 and median property taxes of $7,424, make the city an attractive location for both residents and real estate investors. The low poverty rate and high employment rate also suggest a stable and secure market.
How does the income inequality in West Fargo affect the real estate market, and what are the implications for investors?
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The GINI coefficient of 0.376 indicates a relatively low level of income inequality in West Fargo. This, combined with a median household income of $68,360 and a low poverty rate of 7.1%, suggests a stable and secure market. The top industries in Wholesale Trade, Information, and Professional Services also drive demand for housing, making it an attractive market for real estate investors. The high homeownership rate of 66.5% and relatively low median property taxes also contribute to the city's appeal.
What are the prospects for long-term growth and appreciation in the West Fargo real estate market?
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The city's strong economy, low poverty rate, and high employment rate all suggest a stable and growing real estate market. The median property value of $156,700 and median property taxes of $7,424 are relatively affordable, making it an attractive location for both residents and investors. The top industries and high health insurance coverage rate also support a diverse range of housing needs, and the short average commute time and high homeownership rate contribute to a high quality of life, all of which can drive long-term growth and appreciation in the West Fargo real estate market.
West Fargo ND Real Estate & City Facts
Key facts and real estate information about West Fargo ND.
What are some of the best neighborhoods to live in West Fargo?
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Some of the best neighborhoods to live in West Fargo include Goldenwood, Veterans and 30th-38th ave area, Shadow Wood, Shadow Creek, Rivers Bend, Eagle Run, The Wilds. These neighborhoods are known for being family-friendly, clean, and walkable.
What are some fun things to do in West Fargo?
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There are plenty of fun things to do in West Fargo, including visiting the Red River Zoo, attending events at the Fargodome, exploring the Bonanzaville, and checking out the local breweries. You can also rent a kayak, take a picture with the Fargo wood chipper, or enjoy a day at the lake at Maplewood State Park.
What is the food scene like in West Fargo?
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The food scene in West Fargo is diverse and exciting, with a wide range of options to choose from. Some popular restaurants include Spitfire Bar & Grill, Blarney Stone Pub, Wurst Bier Hall, and Deaner's Diner. There are also plenty of great food trucks, like Jumbo's Food Truck, and local breweries to visit.
What are the pros and cons of living in West Fargo?
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The pros of living in West Fargo include its family-friendly neighborhoods, low commute time, and plenty of outdoor activities to enjoy. However, some cons include the cold winters and limited job opportunities in certain industries. Overall, West Fargo is a great place to live for those who value a strong sense of community and a relaxed pace of life.
Is West Fargo a good place to live?
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Yes, West Fargo is a good place to live, offering a unique blend of small-town charm and big-city amenities. With its low cost of living, excellent schools, and plenty of outdoor activities, West Fargo is an attractive option for families, young professionals, and retirees alike. However, as with any city, there are pros and cons to consider, and it's essential to weigh these factors before making a decision.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For West Fargo ND Commercial Property: $68,360
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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