Property profile

801 S 42Nd St Grand Forks, ND 58201

FOR LEASE
Commercial land
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Property ID
US56-0678665
0.34 ac
Last sale Oct 2024·$1,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$599
Tax billed · 2023
Assessed value$17k
Assessed land$17k
Effective rate3.52%

Value estimate

· Nov 2026
$1.85M
$1.67M – $2.04M
AI approach$1.85M
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI$14k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$77/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$53 – $105

Cap rate analysis

How does the asset earn?
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGRAND FORKS

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon10.0
Nail Salon9.8
Pharmacy9.5

Location

801 S 42Nd St Grand Forks, ND 58201
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5506 12th N, Grand Forks, ND 58203 $900,000 Sep 2023 No data
Grand Forks, ND 58203 $23,333 Dec 2022 No data
1310 8th N, Grand Forks, ND 58203-0751 $157,000 Dec 2022 No data
931 2nd N, Grand Forks, ND 58203-3677 $900,365 Jul 2022 No data
2535 43rd, Grand Forks, ND 58203-1307 $400,000 May 2022 No data
2750 Ml, Grand Forks, ND 58203 $40,000 May 2022 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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