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    2800 Columbia Rd Grand Forks, ND 58201

    Sponsored
    For Sale
    $1,900,000

    Prime Retail Space, 99,146 SF

    Property size:
    99,146 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a former Macy's department store, ideally situated in Grand Forks, North Dakota. Located at 2800 S Columbia Rd, Suite A, 58201, this expansive 99,146 square foot building sits on a 10-acre lot and offers unparalleled potential for a variety of uses. Its strategic location directly connects to the Columbia Mall, ensuring high foot traffic and visibility along Grand Forks' main retail corridor of 32nd Ave S. The property's substantial size allows for flexible layout options, catering to retail, entertainment, or mixed-use development projects. Ample parking is readily available for customers and employees. The asking price for this significant retail space is $1,900,000. This is a rare chance to acquire a large, established building in a thriving retail environment with excellent access and visibility. The property is classified as both a shopping center and storefront, offering a unique blend of retail possibilities. Don't miss this chance to secure a prominent location in a dynamic market.

    Property Features for 2800 Columbia Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    99,146 SF

    HighLights

    • High‑profile big‑box retail space attached to Columbia Mall.
    • Excellent location on Grand Forks' primary retail thoroughfare, 32nd Ave S.
    • 99,146 square feet of retail space.
    • 10‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    JCPenney Department Store Ragstock Grand Forks Clothing Store Chico's Clothing Store Maurices Women'S Clothing Store Nakota Floral & Gifts Gift Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -97.073718
    Latitude
    47.8932253

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space, 99,146 SF
    Where is this lifestyle center located?
    The property is located at 2800 Columbia Rd Grand Forks, ND.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: High-profile big-box retail space attached to Columbia Mall.; Excellent location on Grand Forks' primary retail thoroughfare, 32nd Ave S.; 99,146 square feet of retail space.
    Request Owner's contact information
    2800 Columbia Rd Grand Forks, ND 58201
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    Grand Forks, ND 58201
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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
    2800 Columbia Rd Grand Forks, ND 58201
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