Financial
Distress signals
Property profile

3120 Gtwy Dr Grand Forks, ND 58203

OFF-MARKET
Commercial real estate
Property ID
US56-0045026
Entity Owned Owner of record is a legal entity (LLC / corporation). 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

This exceptional 2,000-square-foot warehouse, built in 2023, is ideally situated at 3120 Gateway Drive in Grand Forks, North Dakota, zip code 58203. The property boasts a prime location offering convenient access to Interstate 29 and Columbia Road, ensuring excellent accessibility for businesses and their clientele. This single-tenant industrial space is currently entirely vacant, presenting a unique opportunity for immediate occupancy. The warehouse features modern amenities including

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?
$5k
Tax billed · 2023
Assessed value$137k
Assessed land$37k
Assessed improvement$100k
Effective rate3.53%

Value estimate

· Sep 2026
$250k
$225k – $275k

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.4
Law Firm11.8
Pharmacy11.7

Location

3120 Gtwy Dr Grand Forks, ND 58203-7508
County assessor Recorded deeds · not on file 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
2023 Dyke, Grand Forks, ND 58203-3333 $300,000 Feb 2026 4,000 SF
3450 Gtwy, Grand Forks, ND 58203-0816 $1,540,000 Dec 2025 23,829 SF
1212 47th, Grand Forks, ND 58203-1878 $7,692,813 Jun 2025 N/A
1000 42nd, Grand Forks, ND 58203-1916 $1,850,000 Oct 2024 27,881 SF
117 Washington, Grand Forks, ND 58203-3450 $550,000 Aug 2024 8,400 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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