2675 32Nd AveGrand Forks, ND 58201

  • Commercial real estate
  • 1.80 AC
For Sale
$4,400,000 View listing

Property Details for 2675 32Nd Ave

Lot size
1.80 AC
Property type
Commercial real estate
APN
44133700001007
APU
44133700001007

Description

This exceptional 6,171 square foot retail building sits on a 1.8-acre lot, ideally positioned as a Walmart outparcel. Boasting excellent visibility and high traffic counts of 33,550 vehicles daily, this property presents a unique opportunity for a variety of commercial ventures. The single-tenant building, constructed in 1992, offers ample space and is in excellent condition. The property includes 117 parking spaces, ensuring convenient access for customers. Its strategic location less than one mile from I-29 provides easy highway access, enhancing its appeal to a wide customer base. The entire 6,171 square feet is currently vacant, offering a blank canvas for a new business. The expansive 78,417 square foot lot provides ample room for expansion or outdoor seating. Located at the highly visible corner of S. Columbia Rd and 32nd Ave S, this property benefits from significant daily traffic flow. All existing furniture, fixtures, and equipment are included in the sale, representing a significant added value. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a prime location. Don't miss out on this chance to establish your business in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,502,345
    Hospitality
    $15,116,060
    Educational
    $12,576,384
    Medical
    $13,008,905
    Retail
    $19,563,264

Location Insight

City
Grand Forks
County
Grand Forks
State
North Dakota
Latitude
47.8889
Longitude
-97.0656
CBSA code
24220
CBSA name
GRAND FORKS, ND-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,781
$509,500
$353,000
$862,500
-
$1,019,000
$706,000
$1,725,000

FAQs

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