3710 ElevatorArvilla, ND 58214

  • Commercial real estate
  • 1.17 AC
Off market
$11,721,950 Estimated

Property Details for 3710 Elevator

Lot size
1.17 AC
Property type
Commercial real estate
APN
4400100070001
APU
4400100070001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,619,500
    6.5%
    $9,802,650
    7%
    $9,102,460
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,601,250
    Geo Method
    $2,601,250
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $19,357,900
    Retail / Commercial
    $9,915,130
    Mixed-Use / Specialty
    $9,870,720
    Hospitality / Lodging
    $7,230,040
    Office
    $9,802,650
    Institutional / Educational
    $10,258,300
    Residential Income
    $12,002,300
    Multifamily
    $14,445,100
    Automotive / Energy
    $8,792,860
    Parking / Income-Based Land
    $3,043,260
    Restaurant / Food Service
    $5,114,510
    Healthcare / Senior Housing
    $10,131,500

Location Insight

City
Arvilla
County
Grand Forks
State
North Dakota
Latitude
47.9183
Longitude
-97.4986
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
$2,172
$2,000
$92,900
$94,900
-
$4,000
$185,800
$189,800

FAQs

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