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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
Sale Type Investment or Owner User
No. Lots 4
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Apartment Units
  • General Freestanding
Total Lot Size 18.93 AC
Zoning B3 / I2 - B3 / I2

4 Lots Available

Lot

Price $1,761,395 CAD
Price Per AC $178,278.83 CAD
Lot Size 9.88 AC

Lot

Price $1,140,985 CAD
Price Per AC $356,557.78 CAD
Lot Size 3.20 AC

Lot

Price $1,408,403 CAD
Price Per AC $356,557.78 CAD
Lot Size 3.95 AC

Lot

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.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
  • Listing ID: 38729346

  • Date on Market: 2025-12-10

  • Last Updated:

  • Address: 5450 Gateway Dr, Grand Forks, ND 58203

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