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    Property profile & analytics

    1020 Business Hwy 2nd 2 East Grand Forks, MN 56721-3109

    • Warehouses
    • 4,950 SF
    • 245.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2848945
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 1020 Business Hwy 2nd 2

    Year built
    1926
    Lot size
    245.11 lot acres
    Property size
    4,950 SF
    Property type
    Warehouses
    APN
    83.00052.00
    APU
    830005200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    East Grand Forks
    County
    Polk
    State
    Minnesota
    Longitude
    -97.0036
    Latitude
    47.9291
    CBSA code
    24220
    CBSA name
    GRAND FORKS, ND-MN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $559,201
    $2,232,700
    $14,882,900
    $17,115,600
    -
    $2,232,700
    $14,882,900
    $17,115,600

    Comparable in this City

    • Value Estimation by Request
      2,940 SF

      119 3rd NE St

      WAREHOUSE, STORAGE • 2,940 SF
      119 3rd NE St, East Grand Forks, MN 56721-2020
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    • Value Estimation by Request
      1,458 SF

      3rd Ave Se Blvd

      WAREHOUSE, STORAGE • 1,458 SF
      3rd Ave Se Blvd, East Grand Forks, MN 56721
      View Details
    • Value Estimation
      $455,000
      17,320 SF

      1605 Bus Hwy

      WAREHOUSE, STORAGE • 17,320 SF
      1605 Bus Hwy, East Grand Forks, MN 56721
      View Details
    • Value Estimation by Request
      11,976 SF

      415 4th NW St

      WAREHOUSE, STORAGE • 11,976 SF
      415 4th NW St, East Grand Forks, MN 56721-1778
      View Details
    • Value Estimation by Request
      12,320 SF

      306 7th NE Ave

      WAREHOUSE, STORAGE • 12,320 SF
      306 7th NE Ave, East Grand Forks, MN 56721-3105
      View Details
    • Value Estimation
      $405,000
      1,680 SF

      12923 480th NW Ave

      WAREHOUSE, STORAGE • 1,680 SF
      12923 480th NW Ave, East Grand Forks, MN 56721
      View Details
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    East Grand Forks, MN 56721-3109
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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
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