5450 Gateway DrGrand Forks, ND 58203

For Sale
$807,602

Prime 2.06-acre commercial lot in Grand Forks.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 2.06-acre commercial land parcel, located at 5450 Gateway Drive in Grand Forks, North Dakota, presents a unique investment opportunity. Zoned B3, this property boasts a highly visible location near the intersection of Gateway Drive/Highway 2 and 55th Street North, ensuring significant exposure to a substantial daily traffic volume. Highway 2 at 55th Street sees 16,010 vehicles daily, while 55th Street at Highway 2 registers 3,985 vehicles per day. This high traffic count translates to excellent visibility for any commercial development. The property is situated amongst established businesses, including prominent retailers like Walmart, RDO, Rydell Auto Outlet, and Budget RV, creating a strong and desirable commercial environment. The asking price is $807,602, representing a cost of $9 per square foot. This strategically located land offers significant potential for a variety of commercial ventures, capitalizing on its prime location and high traffic counts within a thriving commercial area. The property's address is 5450 Gateway Drive, Grand Forks, ND 58203, and is situated in Grand Forks County. This is an exceptional opportunity to acquire a highly visible and well-positioned commercial lot in a rapidly growing area.

Property Details for 5450 Gateway Dr

Property type
Other land, Land
Lot Size (sq. ft)
89,734 SF

Location Insight

City
Grand Forks
County
Grand Forks
State
North Dakota
Latitude
47.9331558
Longitude
-97.1089828
5450 Gateway Dr, Grand Forks, North Dakota

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5450 Gateway Dr
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