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    4324 University Ave Grand Forks, ND 58203

    Sponsored
    For Lease
    $14 SF/Yr

    1,950 SF Office Space - Grand Forks, ND

    Lot size:
    19,486 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,950 square foot office suite is located within the University Professional Center at 4324 University Avenue in Grand Forks, North Dakota, zip code 58203. The suite is part of a larger 19,486 square foot multi-tenant building, offering a flexible and adaptable space ideal for a variety of uses, including traditional office, medical office, or creative office settings. The space is currently vacant and ready for immediate occupancy. The building's location in north Grand Forks provides convenient access to major transportation routes and amenities. This is a build-to-suit location, allowing for tenant improvements (TI) to be negotiated. The minimum divisible space is 1,950 square feet, making it perfect for a single tenant seeking a sizable, well-located office. The property type is classified as Office, Retail, and Special Purpose, reflecting its versatility and potential for diverse business applications. The suite's address is easily accessible and visible from University Avenue. This presents a unique opportunity for businesses seeking a modern, adaptable workspace in a thriving Grand Forks location. The potential for tenant improvements offers significant customization options to create a space perfectly tailored to the tenant's specific needs and operational requirements. Don't miss this chance to secure a prime office space in a desirable location.

    Property Features for 4324 University Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,486 SF
    Total Rate
    22733.67

    Unit(s) available at that property

    Space
    Suite D
    Size
    1,950 SF
    Rate per SF
    $14

    HighLights

    • Excellent proximity to the University of North Dakota (UND).
    • Highly adaptable floor plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Forks Law P.L.L.C. Estate Planning Attorney The Village Family Service ... Counselor Nexus-PATH Family Healing Non-Profit Organization YelloIwstone Management Business Management Consultant Attainable Wealth LLC Investment Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Forks
    County
    Grand Forks
    State
    North Dakota
    Longitude
    -97.0921679
    Latitude
    47.9233774

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    FAQs

    What type of property is this?
    Office space - 1,950 SF Office Space - Grand Forks, ND
    Where is this office space located?
    The property is located at 4324 University Ave Grand Forks, ND.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Excellent proximity to the University of North Dakota (UND).; Highly adaptable floor plan.;
    Request Owner's contact information
    4324 University Ave Grand Forks, ND 58203
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    Grand Forks, ND 58203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4324 University Ave Grand Forks, ND 58203
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