5370 Myron Ave Grand Forks, ND 58203
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.
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
Similar Nearby for Sale
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.