

23rd Ave S Commercial Land
Retail
Marketing description
Excellent Commercial Land on the Doorstep of the Sanford Medical Center
Discover a prime development opportunity with this 2.5 acre undeveloped parcel, strategically positioned adjacent to the state-of-the-art Sanford Medical Center Fargo (348-bed, 1 million SF, Level I Adult Trauma Center and Level II Pediatric Trauma Center).
Situated between I-94 and two major arterial roadways, Veterans Boulevard and 45th Street South, this property enjoys excellent access and strong visibility. The land is zoned Limited Commercial, offering flexible development possibilities while remaining out of the 100-year floodplain and already conforming to required building elevations. It benefits from full city infrastructure access and carries only $0.45 per square foot in remaining specials, making it cost-efficient and ready for immediate development.
This site stands at the ready for growth, as it is backdropped by substantial medical infrastructure including specialized trauma services and emergency/air transport. It is also located within an area bustling with commercial, hospitality, and residential/multifamily developments, plus nearby amenities like restaurants, hotels, retail, and homes
Prime 2.5-acre site next to the 1M SF Sanford Medical Center. Between I-94, Veterans Blvd & 45th St with strong access/visibility. Zoned Limited Commercial, out of the floodplain at required elevation, full city services, & just $0.45/SF specials. Surrounded by thriving medical, retail, hospitality & housing. Ideal for office, medical, or mixed-use growth in Fargo's fastest-expanding corridor.
Investment highlights
- Location: Adjacent to Sanford Medical Center Fargo
- Development Readiness: Zoned for a variety of commercial uses
- Infrastructure: Fully served by city utilities with minimal specials
- Access & Visibility: High traffic exposure between two major I-94 exits
- Surrounding Growth: The area is bustling with development & amenities
- Size 108,808 Sf | 2.5 Acres
- Price $18.95 Psf | $2,061,911
- Legal Description the North 384.14’ of Lot 1 Block 1 of Pracs 2nd Addition to the City of Fargo
- Specials Remaining $48,793.88 | $0.45 Psf
- 2024 Taxes & Specials $16,588.04
- Floodplain No – at Required Elevations
- Traffic Counts 23rd Ave: 11k Vehicles Per Day I-94: 49k Vehicles Per Day
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