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    4324 University Ave Grand Forks, ND 58203

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    4324 University Ave Grand Forks, ND 58203


    • Commercial real estate
    • 19,486 SF
    • 3.50 lot acres
    Grand Forks Build-to-Suit Location For Lease
    $1,955,000

    Grand Forks Build-to-Suit Location

    North Grand Forks location ideal for office, medical, or tech.

    4324 University Ave, Grand Forks, ND 58203
    View Listing
    Property ID
    US56-0695782
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Forks Law P.L.L.C. / Law Firm
    • The Village Family Service Center / Counselor / Family Counselor
    • Nexus-PATH Family Healing / Charitable Organization / Social Service Agency
    • YelloIwstone Management / Business Management Consultant
    • Attainable Wealth LLC / Financial Advisor

    Property Details for 4324 University Ave

    Year built
    1976
    Lot size
    3.50 lot acres
    Property size
    19,486 SF
    Property type
    Commercial real estate
    APN
    44321100026002
    APU
    44321100026002

    Description

    This exceptional 1,950 square foot office suite is located within the University Professional Center at 4324 University Avenue in Grand Forks, North Dakota, zip code 58203. The suite is part of a larger 19,486 square foot multi-tenant building, offering a flexible and adaptable space ideal for a variety of uses, including traditional office, medical office, or creative office settings. The space is currently vacant and ready for immediate occupancy. The building's location in north Grand Forks provides convenient access to major transportation routes and amenities. This is a build-to-suit location, allowing for tenant improvements (TI) to be negotiated. The minimum divisible space is 1,950 square feet, making it perfect for a single tenant seeking a sizable, well-located office. The property type is classified as Office, Retail, and Special Purpose, reflecting its versatility and potential for diverse business applications. The suite's address is easily accessible and visible from University Avenue. This presents a unique opportunity for businesses seeking a modern, adaptable workspace in a thriving Grand Forks location. The potential for tenant improvements offers significant customization options to create a space perfectly tailored to the tenant's specific needs and operational requirements. Don't miss this chance to secure a prime office space in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,060,000
      6.5%
      $1,905,000
      7%
      $1,765,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,050,000
      Market price range: $1.03M - $2.05M
      AI Estimate
      $1,911,000
      Market price range: $651k - $1.91M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Grand Forks
    County
    Grand Forks
    State
    North Dakota
    Longitude
    -97.092
    Latitude
    47.9233
    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
    $33,543
    $256,000
    $695,500
    $951,500
    -
    $512,000
    $1,391,000
    $1,903,000
    View Listing
    More about this property
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