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    7251 42Nd St Grand Forks, ND 58201

    For Sale
    $488,732

    Prime Industrial Land, Grand Forks, ND

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3.74-acre commercial and industrial land parcel presents a unique investment opportunity in Grand Forks, North Dakota. Located at the strategic intersection of 42nd Street South and 12th Avenue Northeast, this property boasts unparalleled accessibility and proximity to a planned I-29 interchange, ensuring excellent transportation links. Zoned I-2, the land is ready for development and offers significant potential for a wide range of businesses. Currently priced at $3 per square foot, totaling $488,732.20, this blank slate allows for customized development to meet specific business needs. The property already benefits from existing power infrastructure. Furthermore, the seller is open to considering subdividing the parcel to accommodate smaller-scale projects. This prime location, combined with its versatile zoning and infrastructure, makes this an ideal site for businesses seeking a strategic foothold in the Grand Forks area. The address is 7251 S 42nd St, Grand Forks, ND 58201. Serious inquiries are encouraged.

    Property Features for 7251 42Nd St

    General Information

    Property type
    Land
    Lot Size
    162,914 SF

    HighLights

    • High‑visibility corner lot at the intersection of 42nd St S and 12th Ave NE.
    • Excellent access to I‑29 via a planned interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kringstad Ironworks Welder Paragon Pro Manufacturing ... Manufacturer Paragon Pro Manufacturing ... Manufacturer

    Suggested Use

    Auto Repair Shop Pet Supply Store

    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
    -97.088301497169
    Latitude
    47.845877679939

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Grand Forks, ND
    Where is this land located?
    The property is located at 7251 42Nd St Grand Forks, ND.
    What is the asking price?
    The asking price for this property is $488,732.
    What are key features of this property?
    This property features: High-visibility corner lot at the intersection of 42nd St S and 12th Ave NE.; Excellent access to I-29 via a planned interchange.;
    Request Owner's contact information
    7251 42Nd St Grand Forks, ND 58201
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    Grand Forks, ND 58201
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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
    7251 42Nd St Grand Forks, ND 58201
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