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    Property profile & analytics

    200 Gtwy NW Dr East Grand Forks, MN 56721-1529

    • Office buildings
    • 2,880 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US46-2675933
    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

    • Thrivent Financial / Life Insurance Agency
    • Chad Erickson - Thrivent / Financial Consultant / Financial Planner

    Property Details for 200 Gtwy NW Dr

    Year built
    1965
    Lot size
    0.42 lot acres
    Property size
    2,880 SF
    Property type
    Office buildings
    APN
    83.00043.00
    APU
    830004300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $175,000
      6.5%
      $180,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $185,000
      Retail
      $210,000
      Mixed-Use
      $175,000
      Hospitality
      $170,000
      Educational
      $165,000
      Residential Income
      $205,000
      Energy
      $165,000
      Income-Based Land
      $180,000
      Food Service
      $185,000

    Location Insight

    • Map
    • Local Demand
    City
    East Grand Forks
    County
    Polk
    State
    Minnesota
    Longitude
    -97.0215
    Latitude
    47.9363
    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
    $3,468
    $18,500
    $198,200
    $216,700
    -
    $18,500
    $198,200
    $216,700

    Comparable in this City

    • Value Estimation
      $195,000
      3,552 SF

      418 3rd NW St

      PROFESSIONAL BUILDING • 3,552 SF
      418 3rd NW St, East Grand Forks, MN 56721-1713
      View Details
    • Value Estimation by Request
      6,124 SF

      312 4th NE Ave

      OFFICE BUILDING • 6,124 SF
      312 4th NE Ave, East Grand Forks, MN 56721-2444
      View Details
    • Value Estimation by Request
      1,920 SF

      101 Jupiter Dr

      OFFICE BUILDING • 1,920 SF
      101 Jupiter Dr, East Grand Forks, MN 56721-1311
      View Details
    • Value Estimation
      $200,000
      2,591 SF

      214 Business Hwy 2nd 2

      OFFICE BUILDING • 2,591 SF
      214 Business Hwy 2nd 2, East Grand Forks, MN 56721-2435
      View Details
    • Value Estimation
      $250,000
      19,040 SF

      Bus Hwy 2nd 2

      OFFICE BUILDING • 19,040 SF
      Bus Hwy 2nd 2, East Grand Forks, MN 56721
      View Details
    • Value Estimation
      $185,000
      1,656 SF

      1715 3rd NW Ave

      OFFICE BUILDING • 1,656 SF
      1715 3rd NW Ave, East Grand Forks, MN 56721-1511
      View Details
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    200 Gtwy NW Dr
    East Grand Forks, MN 56721-1529
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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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