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1387 55th St; Fargo, ND Property Details

1387 55th St, Fargo, ND is a Commercial Vacant Land. This property is currently a cash purchase and is not for sale. The lot size of 1387 55th St is 669,517 square feet.

Off market
1387 55th St N Fargo, ND 58102
$7,865,650 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $3,500,000
  • Open Loans: 1
  • APN: 01-8561-01600-000
  • Situs County: Cass
  • Length Of Ownership: 5 years

Measurements

  • Lot: 669,517/SqFt

Legal Description

  • Description: LOT: 4 BLOCK: 3 ADDITION: COMMERCE ON 12TH ADDITIONAL: COMMERCE ON 12TH LT 4 BLK 3 **1-30-15 PLATTED FRM 01-3500-05056-000
Building Insights

Land Information

  • Property Type: Commercial Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: West Fargo Public School District 6
  • Lat / Lon: 46.896557 / -96.874725
  • Subdivision: Commerce On 12th Addition
  • Property Class: Vacant
  • Zoning: LI

Amenities

  • Plus Four: 4623

Ownership Info

1387 55th St N has no associated ownership info
1387 55th St N has no associated ownership info.

Taxes

1387 55th St N has 10 associated Taxes items

1387 55th St, Fargo, ND pays taxes in Cass County, ND. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $7,865,650. The APN we've located for 1387 55th St is 01-8561-01600-000.

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Taxes
  • Assessed Value:  $7,865,650
  • Assessed Year:  2025
  • Assessed County:  Cass
  • APN:  01-8561-01600-000
  • Assessed Land Value:  1506650
  • Market Land Value:  3013300
  • Tax Amount:  309743
  • Tax Year:  2025
  • Market Value:  15731300
  • Market Year:  2025

Tax History

1387 55th St N has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $7,865,650 Land Value $1,506,650 Improvement Value $6,359,000 Tax Amount $309,743 Change Rate +1.349418% Assessed CR Tax Rate +0.039379%
Year 2024 Assessed Value $1,834,400 Land Value $1,255,350 Improvement Value $579,050 Tax Amount $131,838.2 Change Rate +0.250457% Assessed CR Tax Rate +0.07187%
Year 2023 Assessed Value $878,500 Land Value $878,500 Improvement Value Tax Amount $105,431.99 Change Rate -0.011596% Assessed CR Tax Rate +0.120014%
Year 2022 Assessed Value $878,500 Land Value $878,500 Improvement Value Tax Amount $106,668.94 Change Rate -0.000396% Assessed CR Tax Rate +0.121422%
Year 2021 Assessed Value $878,500 Land Value $878,500 Improvement Value Tax Amount $106,711.18 Change Rate +0.020303% Assessed CR Tax Rate +0.12147%
Year 2020 Assessed Value $820,000 Land Value $820,000 Improvement Value Tax Amount $104,587.73 Change Rate +0.319051% Assessed CR Tax Rate +0.127546%
Year 2019 Assessed Value $820,000 Land Value $820,000 Improvement Value Tax Amount $79,290.16 Change Rate +0.382222% Assessed CR Tax Rate +0.096695%
Year 2018 Assessed Value $6,650 Land Value $6,650 Improvement Value Tax Amount $57,364.28 Change Rate +0.103432% Assessed CR Tax Rate +8.626208%
Year 2017 Assessed Value $6,650 Land Value $6,650 Improvement Value Tax Amount $51,987.15 Change Rate +11.252653% Assessed CR Tax Rate +7.817617%
Year 2016 Assessed Value $6,650 Land Value $6,650 Improvement Value Tax Amount $4,242.93 Change Rate -0.000535% Assessed CR Tax Rate +0.638035%
Year 2015 Assessed Value $6,650 Land Value $6,650 Improvement Value Tax Amount $4,245.2 Change Rate Assessed CR Tax Rate +0.638376%