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5450 Gateway Dr - Gateway Dr & Hwy 2 & N 55th 1.9 - 9.88 Acre Commercial Land Lots Offered at $1,016,190 - $1,761,395 CAD Per Lot in Grand Forks, ND 58203


Investment Highlights
- Located near the interchange of Hwy 2 and I-29 with strong traffic counts for maximum visibility.
- Full city utilities in place, including water, sewer, electric, and gas services.
- Quick access to The University of North Dakota and Grand Forks International Airport.
- Multiple lot sizes available, providing flexibility for various commercial development needs.
- Surrounded by major retailers and service businesses, including Walmart and RDO Trucks.
- Phase 1 Environmental Site Assessment completed, reducing development risk.
Executive Summary
These commercial sites in Grand Forks, ND, present a rare opportunity for development near the high-traffic interchange of Highway 2 and Interstate 29. The portfolio includes multiple parcels ranging from approximately 1.9 acres to nearly 10 acres, offering flexibility for a variety of commercial uses. Located within city limits, the sites benefit from full municipal utilities, including city water and sewer, and electric and gas service provided by Excel. The properties feature excellent visibility and accessibility, with continuous frontage along Gateway Drive and proximity to major transportation routes. Traffic counts exceed 16,000 vehicles daily on Hwy 2 and nearly 4,000 vehicles on N 55th Street, ensuring strong exposure for future businesses. Surrounding neighbors include Walmart, RDO Trucks, TrueNorth Equipment, and other established retailers and service providers, creating a robust commercial environment. Additional site features include existing streetlights, a stormwater pond easement, and a Phase 1 Environmental Site Assessment completed by Terracon Consultants. The location offers quick access to The University of North Dakota, Grand Forks International Airport, and Grand Forks Air Force Base, making it an attractive option for developers and investors seeking growth in a dynamic regional market.
Property Facts
| Price | $1,016,190 - $5,326,973 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 4 | Total Lot Size | 18.93 AC |
| Property Type | Land | ||
| Zoning | B3 / I2 - B3 / I2 | ||
| Price | $1,016,190 - $5,326,973 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 4 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 18.93 AC |
| Zoning | B3 / I2 - B3 / I2 |
4 Lots Available
Lot
| Price | $1,761,395 CAD | Lot Size | 9.88 AC |
| Price Per AC | $178,278.83 CAD |
| Price | $1,761,395 CAD |
| Price Per AC | $178,278.83 CAD |
| Lot Size | 9.88 AC |
Lot
| Price | $1,140,985 CAD | Lot Size | 3.20 AC |
| Price Per AC | $356,557.78 CAD |
| Price | $1,140,985 CAD |
| Price Per AC | $356,557.78 CAD |
| Lot Size | 3.20 AC |
Lot
| Price | $1,408,403 CAD | Lot Size | 3.95 AC |
| Price Per AC | $356,557.78 CAD |
| Price | $1,408,403 CAD |
| Price Per AC | $356,557.78 CAD |
| Lot Size | 3.95 AC |
Lot
| Price | $1,016,190 CAD | Lot Size | 1.90 AC |
| Price Per AC | $534,836.67 CAD |
| Price | $1,016,190 CAD |
| Price Per AC | $534,836.67 CAD |
| Lot Size | 1.90 AC |
Description
The location offers quick access to The University of North Dakota, Grand Forks International Airport, and Grand Forks Air Force Base, making it an attractive option for developers and investors seeking growth in a dynamic regional market.
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
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5450 Gateway Dr - Gateway Dr & Hwy 2 & N 55th
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