7251 42Nd St Grand Forks, ND 58201
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.
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Kringstad Ironworks General Contractor
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Paragon Pro Manufacturing Solutions, Inc. / Telpro Inc. Industrial Manufacturer Production Facility
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Paragon Pro Manufacturing Solutions Industrial Manufacturer Production Facility
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
Similar Nearby for Lease
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.