For Sale
$1,032,372

1530 55Th StGrand Forks, ND 58203

Prime 3.95-acre lot, high visibility, $1M+

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 3.95-acre commercial land parcel presents a unique investment opportunity in Grand Forks, North Dakota. Located at 1530 55th St N, this property boasts a highly desirable B3 zoning designation, offering considerable flexibility for a wide range of commercial developments. The lot's strategic position near the intersection of Gateway Drive and 55th St N ensures exceptional visibility and accessibility. Traffic counts are substantial, with 16,010 vehicles daily on Highway 2 at 55th Street and 3,985 vehicles daily on 55th Street at Highway 2, guaranteeing high exposure for any business established here. The surrounding area is anchored by established businesses including Walmart, RDO, Rydell Auto Outlet, and Budget RV, creating a strong commercial environment and attracting significant consumer traffic. The asking price is $1,032,372, translating to $6 per square foot. This represents a compelling value proposition given the property's prime location, high traffic counts, and the potential for significant return on investment. The property's size and zoning make it suitable for a variety of commercial uses, presenting a rare opportunity for developers and investors seeking a strategic foothold in a thriving North Dakota market. The zip code is 58203, and the property is situated in Grand Forks County.

Highlights

  • $1,032,372 asking price for 3.95 acres of commercial land.
  • B3 zoning.
  • Located at 1530 55th St N, Grand Forks, ND 58203.
  • High visibility near Gateway Drive and 55th St N, with significant daily traffic counts.
  • $6 per square foot.

Property Details for 1530 55Th St

Property type
Land
Lot Size (sq. ft)
172,062 SF

Location Insight

City
Grand Forks
County
Grand Forks
State
North Dakota
Latitude
47.934504230206
Longitude
-97.109686205848
1530 55Th St, Grand Forks, North Dakota

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1530 55Th St
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