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5450 Gateway Dr Grand Forks, ND 58203

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For Sale
$807,602

Prime 2.06-acre commercial lot in Grand Forks.

Property Features for 5450 Gateway Dr

General Information

Property type
Land
Lot Size
89,734 SF

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Listing Contact
Eric Muus
Eric Muus

Listing Agency: Oxford Realty Listing Agent: Eric Muus

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 2.06-acre commercial land parcel, located at 5450 Gateway Drive in Grand Forks, North Dakota, presents a unique investment opportunity. Zoned B3, this property boasts a highly visible location near the intersection of Gateway Drive/Highway 2 and 55th Street North, ensuring significant exposure to a substantial daily traffic volume. Highway 2 at 55th Street sees 16,010 vehicles daily, while 55th Street at Highway 2 registers 3,985 vehicles per day. This high traffic count translates to excellent visibility for any commercial development. The property is situated amongst established businesses, including prominent retailers like Walmart, RDO, Rydell Auto Outlet, and Budget RV, creating a strong and desirable commercial environment. The asking price is $807,602, representing a cost of $9 per square foot. This strategically located land offers significant potential for a variety of commercial ventures, capitalizing on its prime location and high traffic counts within a thriving commercial area. The property's address is 5450 Gateway Drive, Grand Forks, ND 58203, and is situated in Grand Forks County. This is an exceptional opportunity to acquire a highly visible and well-positioned commercial lot in a rapidly growing area.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Nail Salon Auto Parts Store Gym & Fitness Center Hotel & Motel Kitchen & Bath Showroom Food Market

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Grand Forks
County
Grand Forks
State
North Dakota
Longitude
-97.1089828
Latitude
47.9331558

FAQs

What type of property is this?
Land - Prime 2.06-acre commercial lot in Grand Forks.
Where is this land located?
The property is located at 5450 Gateway Dr Grand Forks, ND.
What is the asking price?
The asking price for this property is $807,602.
More about this property
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