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Property profile & analytics
FOR SALE
Commercial real estate

2550 S Columbia Rd Grand Forks, ND 58201

11,506 SF 1.03 ac lot Built 1990
Individually Owned 12-yr Hold ~ Est. High Equity
Property ID
US56-0688652
Property summary
AI-generated overview

This exceptional 2,154 square foot retail space is situated in the thriving South Columbia Strip Center, Suite D, in Grand Forks County. Benefit from excellent visibility and high traffic counts due to its location on one of Grand Forks' busiest thoroughfares. The property is a single-tenant space within a larger strip center, offering convenient access and ample shared parking for customers. The center enjoys strong co-tenancy with national retailers such as PetSmart, Ross Dress for Less, and Harbor Freight, providing significant foot traffic and brand synergy. This presents a unique opportunity for businesses seeking high visibility and a strong customer base. The space is available for immediate occupancy and offers tenant improvement (TI) allowances to customize the storefront to your specific needs. Common area maintenance (CAM) charges are a reasonable $4.50 per square foot. This property is ideal for a variety of retail businesses seeking a prominent location in a busy and established shopping center. Don't miss this chance to establish your business in a high-traffic area with excellent visibility and strong co-tenancy. Contact us today to schedule a showing and explore the possibilities.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Total area 11,506 SF
Lot 1.03 ac (44,868 SF)
APN 44131800004000
UPID US56-0688652
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Northern Roots Boutique Clothing & Fashion Store
  • Av Dental Dental Office
  • Vogelsang David R DDS Dental Office
  • Hardy David P DDS Dental Office
  • ACADEMY OF KIDS CHILDCARE CENTER INC. Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.13M
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.12M
Owner & transaction history
David Clark · 12 yrs held
David Clark
since 2014
3 recorded transactions
2014
Price N/A
2008
$750,000
2008
$450,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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