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    4399 Columbia Rd Grand Forks, ND 58201

    Sponsored
    For Sale
    $3,150,000

    Modern Grand Forks Office Building, High Occupancy

    Property size:
    12,196 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office building, located at 4399 S Columbia Rd, Grand Forks, ND 58201, presents a unique investment opportunity. The 12,196 square foot property, built in 2021, sits on a 2.81-acre lot and boasts a striking modern design. Currently 80% occupied, this single-story building offers flexible, high-quality tenant spaces ideal for executive, medical, or creative office uses. Features include stunning common corridors, tiled bathrooms, and beautifully designed interior spaces. The property benefits from a shared digital monument sign and enjoys excellent visibility and accessibility at a signalized intersection of Columbia Road and 43rd Ave S. The asking price is $3,150,000, translating to $258.28 per square foot. This is a NNN lease, multi-tenancy property, representing a chance to own a thriving office building in a growing area of Grand Forks. The property is part of the SOCO Professional Park, a uniquely designed two-building office park. This is an excellent opportunity for investors seeking a strong return in a desirable location.

    Property Features for 4399 Columbia Rd

    General Information

    Property type
    Office space
    Square Feet
    12,196 SF
    Class
    A
    Lot Size
    122,404 SF

    Building Details

    Year Built
    2021
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Roller Neurology PLLC Medical Clinic Roller Psychology PLLC Psychologist Kylee Roller Psychologist Houston Engineering, Inc. Civil Engineering Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -97.066754
    Latitude
    47.87885249

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    FAQs

    What type of property is this?
    Office space - Modern Grand Forks Office Building, High Occupancy
    Where is this office space located?
    The property is located at 4399 Columbia Rd Grand Forks, ND.
    What is the asking price?
    The asking price for this property is $3,150,000.
    Request Owner's contact information
    4399 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
    4399 Columbia Rd Grand Forks, ND 58201
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