Property summary
This exceptional commercial land parcel, located at 1150 40th Ave S in Grand Forks, North Dakota, presents a unique investment opportunity. Encompassing 25,353 square feet (just over half an acre), this lot is ideally situated to the east of a Holiday Station store on South Washington. Currently part of a larger lot, this property is soon to be subdivided into its own independent parcel, providing a clean and clearly defined ownership. The seller is actively developing the northern portion of the original lot, leaving this southern 25,353 square foot section available for purchase. Detailed site plans and further information are available upon request. This property offers significant potential for various commercial ventures, given its convenient location and proximity to established businesses. The asking price for this prime commercial land is $266,206. The property's address is verified as 1150 40th Ave S, Grand Forks, ND 58201. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area of Grand Forks. Don't miss out on this chance to secure a valuable asset in a desirable location. Contact us today to learn more and schedule a viewing.
Property profile
VerifiedCap rate & NOI
Current use
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Veterinary Clinic
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Veterinary Clinic
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Veterinary Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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