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Industrial Warehouse Facility
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2550 MILL RD, Grand Forks, ND 58203

Heavy-industrial zoning supports warehouse, storage, manufacturing, and other large-scale operational uses.

Property Size72,762 SF
Price / SF$31.54
Days on Market52

Property Features for 2550 MILL RD

General Information

Standard status Active
Size 72,762 SF
Property subtype Industrial
Zoning I-2
Lease Type Modified Gross

Building Details

Year Built 1971
Buildings 1
Listing Agency: Oxford Realty
Listed By: Eric Muus · License #ND10215
Source: Crexi
Added: Aug 27 Changed: Oct 14 Last Checked: Oct 16 at 6:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oxford Realty

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Investment Insights

Based on property information with market context.

Built in 1971, this Grand Forks industrial facility contains 72,762 square feet across warehouse, storage, and operational areas. The approximately 18,630-square-foot main section includes three newer furnaces, associated venting, upgraded LED illumination, and multiple overhead doors. Three additional overhead doors are newer, while six more are being updated. A newer roof covers the center and main north portion of the building.

The anticipated property configuration encompasses approximately 14.7 acres at 2550 Mill Road, with final boundaries and site area to be established as part of a sale. I-2 Heavy Industrial zoning provides the stated land-use framework. The enclosed space and door configuration accommodate substantial equipment, inventory, materials, and production requirements, subject to applicable zoning and approvals.

Key Highlights

  • 72,762‑square‑foot industrial, warehouse, and storage facility
  • Approximately 18,630‑square‑foot open main area
  • I‑2 Heavy Industrial zoning

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Furniture & Home Goods Hair Salon Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby
Well-served
Demand for This Use

Demographics for 58203, ND

16,165
Population
8,395
Households
1.9
Avg Household Size
29
Median Age
36%
College-Educated
95%
High-School Grad
68.7 sq mi
ZIP Area
235
Density / Sq Mi
$57,905
Median Household Income
$31,586
Median Earnings
$932
Median Rent
$202,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • North Dakota Bean — 2120 n washington st, grand forks, nd 58203
  • Red River Potatoes — 2250 Mill Rd, Grand Forks, ND 58203

Frequently Asked Questions

What type of property is this?
Warehouse - Heavy-industrial zoning supports warehouse, storage, manufacturing, and other large-scale operational uses.
Where is this warehouse located?
The property is located at 2550 MILL RD Grand Forks, ND.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: 72,762‑square‑foot industrial, warehouse, and storage facility; Approximately 18,630‑square‑foot open main area; I‑2 Heavy Industrial zoning
(218) 230-0158 Call to check price and availability
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