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Property profile & analytics
OFF-MARKET
Land

1751 42Nd St Grand Forks, ND 58201

20.65 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 20.65 ac (899,514 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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