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    Rural Falconer Twnshp Grand Forks, ND 58203

    For Sale
    $1,291,118

    Prime 9.88-acre agricultural tract.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 9.88-acre agricultural land parcel is ideally situated in Grand Forks County, North Dakota, near the strategic intersection of Gateway Drive and 55th Street North. Zoned I3, this property presents a compelling investment opportunity in a thriving area. The asking price is $1,291,118.40, translating to $3 per square foot. Its convenient location offers easy access to a wealth of amenities and businesses, including prominent retailers such as Walmart, RDO Equipment Co., Rydell Auto Outlet, and Budget RV, ensuring a strong commercial presence in the immediate vicinity. The property's agricultural designation opens doors to a variety of potential uses, making it an attractive prospect for both established agricultural operations and forward-thinking investors seeking land with significant development potential. Detailed zoning information is available upon request. The property's precise location is Rural Falconer Township, Grand Forks, ND 58203, with GPS coordinates readily accessible. This offering represents a rare chance to acquire a substantial land holding in a rapidly developing region of North Dakota. Serious inquiries are encouraged.

    Property Features for 0 Rural Falconer Twnshp

    General Information

    Property type
    Farms
    Lot Size
    430,373 SF

    HighLights

    • 9.88‑acre agricultural land parcel in Grand Forks County, ND.
    • I3 zoning allows for diverse commercial and agricultural uses.
    • $1,291,118.40 asking price, approximately $3 per square foot.
    • Prime location near Gateway Drive and 55th Street North, close to major retailers.
    • Significant development potential in a rapidly growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grand Forks
    County
    Grand Forks
    State
    North Dakota
    Longitude
    -97.109823747243
    Latitude
    47.93624608382

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    FAQs

    What type of property is this?
    Farm - Prime 9.88-acre agricultural tract.
    Where is this farm located?
    The property is located at Rural Falconer Twnshp Grand Forks, ND.
    What is the asking price?
    The asking price for this property is $1,291,118.
    What are key features of this property?
    This property features: 9.88-acre agricultural land parcel in Grand Forks County, ND.; I3 zoning allows for diverse commercial and agricultural uses.; $1,291,118.40 asking price, approximately $3 per square foot.
    Request Owner's contact information
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    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
    Rural Falconer Twnshp Grand Forks, ND 58203
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