5380 Myron Ave Grand Forks, ND 58203
This exceptional 3.2-acre commercial land parcel presents a prime investment opportunity in Grand Forks, North Dakota. Strategically located at 5380 Myron Ave, this property boasts exceptional visibility near the intersection of Gateway Drive and 55th St N, benefiting from significant daily traffic counts. Highway 2 at 55th St sees 16,010 vehicles daily, while 55th St at Highway 2 registers 3,985 vehicles per day. 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 strong and established commercial environment. The asking price is $836,352, translating to $6 per square foot. This represents a compelling value proposition given the property's location, size, and zoning potential. The property's address is 5380 Myron Ave, Grand Forks, ND 58203, within Grand Forks County. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving area. Don't miss out on this chance to build your business in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.