2800 Columbia RdGrand Forks, ND 58201

  • Other commercial real estate
  • 9.57 AC
For Sale
$1,000,000 View listing

Property Details for 2800 Columbia Rd

Lot size
9.57 AC
Property type
Other commercial real estate
APN
44131300002000
APU
44131300002000

Description

This prominent Grand Forks, North Dakota retail property, formerly a Sears, offers a substantial 106,267 square foot building on a 130,438 square foot lot. Located at 2800 S Columbia Rd, 58201, this single-story, 2000-built structure is situated within the Columbia Mall, a major shopping destination along Grand Forks's main retail corridor (32nd Ave S). The property benefits from its connection to the enclosed mall, anchored by Scheels and JCPenney, and proximity to national retailers like Walmart, Target, Lowe's, and Best Buy, drawing customers from North Dakota, Minnesota, and Canada. The building features approximately 100,000 square feet of big box retail space with multiple exterior entrances and interior corridors, including direct access from the mall. An additional approximately 8,000 square feet comprises a former auto service center with a separate exterior entrance and seven drive-in overhead doors. Three dock doors are also present. Ample building signage opportunities exist. A parking agreement ensures access to the Columbia Mall parking lot. The property is zoned PUD, offering flexible potential uses. The asking price is $1,000,000. This is a significant redevelopment opportunity in a high-traffic retail area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $87,691,376
    Hospitality
    $80,324,824
    Educational
    $66,829,312
    Medical
    $69,127,672
    Retail
    $103,956,704
2800 Columbia Rd, Grand Forks, North Dakota

Location Insight

City
Grand Forks
County
Grand Forks
State
North Dakota
Latitude
47.8935
Longitude
-97.0692
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
$64,777
$928,000
$909,500
$1,837,500
-
$1,856,000
$1,819,000
$3,675,000

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