Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    5370 Myron Ave Grand Forks, ND 58203

    Sponsored
    For Sale
    $744,876

    1.9-acre lot, prime location, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.9-acre commercial land parcel presents a unique investment opportunity in Grand Forks, North Dakota. Strategically located at 5370 Myron Ave, this property boasts unparalleled visibility near the intersection of Gateway Drive and 55th St N, benefiting from significant daily traffic counts. The site enjoys exposure to 16,010 vehicles daily on Highway 2 at 55th St and an additional 3,985 vehicles daily on 55th St at Highway 2. This high-traffic location ensures maximum exposure for any commercial development. The property is zoned B3, offering a wide range of potential uses. Surrounding businesses include major retailers such as Walmart, RDO, Rydell Auto Outlet, and Budget RV, creating a thriving commercial environment. The asking price is $744,876, translating to $9 per square foot. This represents a compelling investment in a rapidly growing area with strong potential for significant return. The property's size and location make it ideal for a variety of commercial ventures, providing an excellent opportunity for businesses seeking high visibility and convenient access to a large customer base. Don't miss this chance to acquire a prime piece of commercial real estate in a dynamic and expanding market.

    Property Features for 5370 Myron Ave

    General Information

    Property type
    Land
    Lot Size
    82,764 SF

    HighLights

    • $744,876 asking price for 1.9 acres of commercial land.
    • B3 zoning.
    • Located at 5370 Myron Ave, Grand Forks, ND 58203.
    • High visibility near Gateway Drive and 55th St N, with strong traffic counts.
    • Proximity to Walmart, RDO, Rydell Auto, and Budget RV.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Repair Shop HVAC Service Garden Center Wholesale Shop

    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
    -97.108056121708
    Latitude
    47.933518040043

    Nearby Similar for Sale

    • Contact for pricing
      73,478 SF

      70-Bed Psychiatric Hospital Available

      73,478 SF psychiatric hospital with 70 beds for sale.
      1451 44Th Ave S, Grand Forks, ND 58201
      View Details
    • $3,300,000

      New Commercial Building For Sale

      Built in 2022, located off Interstate 29 and Highway 2.
      4252 16Th Avenue Cir North, Grand Forks, ND 58203
      View Details
    • $1,900,000
      10,600 SF

      Retail Strip Mall For Sale

      Retail strip mall with diverse tenants and income potential.
      2550 S Columbia Rd, Grand Forks, ND 58201
      View Details
    • $1,900,000
      99,146 SF

      Former Macy's Store Available

      99,146 SF retail space connected to mall.
      2800 S Columbia Rd, Grand Forks, ND 58201
      View Details
    • $469,000
      2,484 SF

      Modern Office Space For Sale

      Contemporary office space in a growing Grand Forks location.
      4500 36Th Ave S, Grand Forks, ND 58201
      View Details
    • $3,950,000
      6,171 SF

      Former Restaurant on 1.8 Acres

      Former restaurant with furniture, fixtures, equipment, and ample parking.
      2675 32Nd Ave S, Grand Forks, ND 58201
      View Details
    • $6,500,000
      74,519 SF

      Grand Forks Hotel Investment

      100-Room Hotel, Prime Location
      1205 43Rd St, Grand Forks, ND 58203
      View Details
    • Contact for pricing
      3,925 SF

      Apex Tower: Grand Forks Office Space

      Downtown Grand Forks Office, 3925 SF
      600 Demers Ave, Grand Forks, ND 58201
      View Details
    • $1,900,000
      99,146 SF

      Grand Forks Retail Giant - Macy's

      Prime Retail Space, 99,146 SF
      2800 Columbia Rd, Grand Forks, ND 58201
      View Details
    • $3,300,000
      12,196 SF

      Grand Forks Office Park Investment

      Modern Office Park, 12,196 SF, 80% Occupied
      4303 Columbia Rd, Grand Forks, ND 58201
      View Details
    • $1,850,000
      9,520 SF

      Grand Forks Industrial Investment

      Multi-tenant flex warehouse, high NOI.
      6801 27Th Ave, Grand Forks, ND 58203
      View Details
    • $2,995,000
      38,834 SF

      River's Edge Office Building Investment

      Downtown Grand Forks Office Complex, High Occupancy
      311 4Th St, Grand Forks, ND 58201
      View Details

    FAQs

    What type of property is this?
    Land - 1.9-acre lot, prime location, high visibility.
    Where is this land located?
    The property is located at 5370 Myron Ave Grand Forks, ND.
    What is the asking price?
    The asking price for this property is $744,876.
    What are key features of this property?
    This property features: $744,876 asking price for 1.9 acres of commercial land.; B3 zoning.; Located at 5370 Myron Ave, Grand Forks, ND 58203.
    Request Owner's contact information
    5370 Myron Ave Grand Forks, ND 58203
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5370 Myron Ave
    Grand Forks, ND 58203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5370 Myron Ave Grand Forks, ND 58203
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.