Financial
Distress signals
Property profile

117 Washington St Grand Forks, ND 58203

OFF-MARKET
Other commercial real estate
Property ID
US56-0722846
8,400 SF 0.65 ac lot Built 1955
Last sale Aug 2024 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An approximately 8,400-square-foot office building is located at 117 N Washington St. in Grand Forks, North Dakota, positioned about two blocks north of the Demers and S. Washington intersection. The building has been maintained with updates including replacement or updating of HVAC units, refreshed interior finishes such as new carpet, and updated lighting fixtures. Exterior and site improvements include refreshed landscaping and parking lot maintenance with patching and striping, as well as

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$325k
Assessed land$99k
Assessed improvement$227k
Effective rate3.53%

Value estimate

· Sep 2026
$550k
$495k – $605k
AI approach$550k
Sales comparison$695k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage18.9
Realty agency18.8
Nail Salon16.5

Location

117 Washington St Grand Forks, ND 58203-3450
County assessor Recorded deeds · 1 transfer 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1224 39th, Grand Forks, ND 58203-2003 $1,750,000 Jul 2024 8,832 SF
1200 Dyke, Grand Forks, ND 58203-3437 $301,000 May 2023 6,400 SF
612 5th, Grand Forks, ND 58203-3285 $675,000 Feb 2023 11,880 SF
1013 5th, Grand Forks, ND 58203-2417 $380,000 Jan 2023 7,155 SF
515 Oxford, Grand Forks, ND 58203-2870 $640,000 Nov 2022 7,552 SF
423 Seward, Grand Forks, ND 58203-1666 $280,000 Aug 2022 6,912 SF
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
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