5450 Gateway DrGrand Forks, ND 58203
- Land
- 2.06 AC
Property Details for 5450 Gateway Dr
- Lot size
- 2.06 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 44233700004000
- APU
- 44233700004000
Description
This exceptional commercial and industrial land offering encompasses 20.93 acres strategically located in Grand Forks, North Dakota. The property consists of five parcels, conveniently situated near the intersection of US Highway 2 and I-29, providing unparalleled access to major transportation routes. The land is zoned for both B3 General Business and I2 Heavy Industrial uses, offering significant flexibility for a wide range of development projects. The location boasts high visibility and proximity to numerous established businesses, including Walmart, Wallwork Truck Center, RDO Truck Center, Budget RV, True North Equipment, Structural Materials, AirGas, Northwest Tire, Strata Corp., Hebron Brick, Simonson Travel Center, and Stamart Travel Center. The seller is willing to subdivide the property to accommodate individual buyer needs. This presents a unique opportunity for investors and developers seeking a substantial land holding in a thriving commercial and industrial area. The property's APN numbers are 44-2337-00004-000, 44-2337-00003-000, 44-2337-00001-000, 44-2337-00002-000, and 13-6303-00001-002. The land value ranges from $3 to $9 per square foot. Addresses associated with the parcels include 5450 Gateway Drive, 5370 Myron Avenue Lot 3, 1530 N 55th Street Lot 1, and 5380 Myron Avenue Lot 2, all within the 58203 zip code of Grand Forks County, North Dakota.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $18,891,930
- Hospitality
- $17,304,908
- Educational
- $14,397,480
- Medical
- $14,892,631
- Retail
- $22,396,080
Location Insight
- City
- Grand Forks
- County
- Grand Forks
- State
- North Dakota
- Latitude
- 47.9337
- Longitude
- -97.1089
- CBSA code
- 24220
- CBSA name
- GRAND FORKS, ND-MN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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