6150 Kings Vw Dr Grand Forks, ND 58201-2800
This exceptional 2.79-acre parcel presents a remarkable multifamily development opportunity in a highly desirable South Grand Forks location. Situated at 6150 Kings View Dr, Grand Forks, ND 58201, this property boasts a convenient location off 62nd Ave S and is just a short distance from the Kings Walk Golf Course. The land is zoned for multifamily use, providing significant potential for the construction of apartments, townhouses, or other multi-unit residential buildings. The expansive lot size offers ample space for a substantial development project, catering to the growing demand for housing in the area. With its strategic location and zoning, this property represents a compelling investment opportunity for developers seeking to capitalize on the thriving Grand Forks real estate market. The address is easily accessible and offers proximity to various amenities and services. The property is located in Grand Forks County, North Dakota, and is ready for immediate development, making it an attractive option for those seeking a quick start on their next project. The asking price for this exceptional land is $1,000,000. This represents a significant opportunity to acquire a substantial parcel of land in a prime location, poised for substantial returns. Don't miss this chance to secure a piece of Grand Forks' promising future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.