0 Rural Falconer Twnshp Grand Forks, ND 58203
This exceptional 9.88-acre agricultural land parcel is ideally situated in Grand Forks County, North Dakota, near the strategic intersection of Gateway Drive and 55th Street North. Zoned I3, this property presents a compelling investment opportunity in a thriving area. The asking price is $1,291,118.40, translating to $3 per square foot. Its convenient location offers easy access to a wealth of amenities and businesses, including prominent retailers such as Walmart, RDO Equipment Co., Rydell Auto Outlet, and Budget RV, ensuring a strong commercial presence in the immediate vicinity. The property's agricultural designation opens doors to a variety of potential uses, making it an attractive prospect for both established agricultural operations and forward-thinking investors seeking land with significant development potential. Detailed zoning information is available upon request. The property's precise location is Rural Falconer Township, Grand Forks, ND 58203, with GPS coordinates readily accessible. This offering represents a rare chance to acquire a substantial land holding in a rapidly developing region of North Dakota. Serious inquiries are encouraged.
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
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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.