Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

600 Demers Ave Grand Forks, ND 58201

FOR SALE
Commercial real estate
Property ID
US56-0681891
0.13 ac lot
Last sale Nov 2023 · $1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$920
Tax billed · 2023
Assessed value$26k
Assessed land$23k
Assessed improvement$3k
Effective rate3.54%

Value estimate

· Nov 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$59k
Vacancy & credit loss−$7k
Operating expenses−$13k
NOI · 242,862.50% cap applied$39k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$93/SF
ZIP average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$67 – $131

Cap rate analysis

How does the asset earn?
242,862.50%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency24.3
Nail Salon18.3
Wholesale Shop16.8

Location

600 Demers Ave Grand Forks, ND 58201
County assessor Recorded deeds · 3 transfers 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
701 15th, Grand Forks, ND 58201-4229 $226,000 May 2025 1,997 SF
4949 10th S Ave, Grand Forks, ND 58201 $3,360,000 Dec 2024 No data
1706 Continental, Grand Forks, ND 58201-6273 $3,150,000 Jul 2024 38,532 SF
2207 12th, Grand Forks, ND 58201-6984 $1,300,000 Jul 2024 3,360 SF
1820 Columbia, Grand Forks, ND 58201-5819 $3,300,000 Mar 2024 30,515 SF
2975 42nd, Grand Forks, ND 58201-5964 $1,750,000 Oct 2023 No data
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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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