Claim your spot in Fargo’s vibrant downtown, full of pioneering spirit, culture, and attractions beyond a typical city its size.
Description
Boasting a DMU zoning designation, the property presents versatile development potential in a thriving commercial district. Its strategic location in Fargo provides access to a robust market and a growing business community, positioning it as an ideal choice for those seeking to capitalize on the city's economic vitality. With a solid foundation and significant growth prospects, this property represents a compelling opportunity for investors looking to establish or expand their presence in the dynamic Fargo real estate market.
Opportunity to purchase 2 acres of infill development land in downtown Fargo. DMU zoned land provides the most flexibility for future development with zero setback requirements and flexible land uses including housing, office, or retail. Land is located within the City of Fargo Renaissance Zone and within an Opportunity Zone.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
