1751 42Nd St Grand Forks, ND 58201
This exceptional 20.65-acre parcel of land presents a unique investment opportunity in Grand Forks, North Dakota. Located at 1751 S 42nd St, this property is currently zoned for agricultural use but is slated for future commercial development, making it ideal for forward-thinking investors. The high traffic counts on nearby 42nd Street and 17th Avenue, with 10,080 vehicles daily at one intersection and 3,010 at another, underscore the significant commercial potential of this location. The asking price is $4,320,000, translating to $4.60 per square foot. Existing outbuildings are included in the sale as-is. This expansive tract offers substantial possibilities for a variety of commercial ventures, capitalizing on its strategic location and high visibility. The property's size and zoning potential make it a compelling investment in a growing area. Detailed zoning information and future development plans are readily available upon request. This is a rare opportunity to acquire a large, strategically located parcel of land with significant upside potential in a thriving North Dakota community. The property is situated in Grand Forks County, North Dakota, with a zip code of 58201.
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.