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Property profile & analytics
OFF-MARKET
Commercial land

6150 Kings Vw Dr Grand Forks, ND 58201-2800

2.79 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US56-0722091
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.79 ac (121,485 SF)
APN 44211900001000
UPID US56-0722091
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ck Commercial LLC · 5 yrs held
Ck Commercial LLC
since 2021
Last sale
$395,000
1 recorded transaction
2021
$395,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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