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    1929 Washington St Bismarck, ND 58501

    Sponsored
    For Lease
    $1.00 SF/Yr

    High-traffic lot, ideal for development.

    Lot size:
    81,022 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.86-acre commercial lot, located at 1929 N Washington St in Bismarck, North Dakota, presents a unique development opportunity. Situated in a high-traffic area with 14,435 vehicles passing daily, this property boasts excellent visibility and accessibility. Its adjacency to the Northbrook Professional Center and convenient access from I-94 ensure high exposure and ease of access for potential businesses. The lot is zoned CA and is suitable for buildings ranging from 1,000 to 15,000 square feet. The seller is open to build-to-suit options and will collaborate with developers or end-users to determine the optimal building design and concept, accommodating various uses such as office, retail, or outdoor service businesses. This flexible approach allows for tailored solutions to meet specific business needs. City approvals are required. Ample parking is available. This property offers a compelling investment prospect for those seeking a prime location in a thriving Bismarck commercial district.

    Property Features for 1929 Washington St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    81,022 SF

    Unit(s) available at that property

    Space
    Available Lot
    Size
    81,022 SF
    Rate per SF
    $1.00

    HighLights

    • Ground lease opportunity reduces upfront capital costs.
    • Tenant pays pro‑rata property taxes and assessments.
    • Abundant parking available.
    • Potential cross‑easement with adjacent Northbrook property.
    • Located in a professional center.
    • Ideal for retail, food service, or office uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dakota Manufacturing Ext County Government Office Universal Athletic Sporting Goods Store North Dakota State ... State Government Office Gilchrist Dental Dentist Midtown Dental Dentist

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.79410883535
    Latitude
    46.827338264666

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    FAQs

    What type of property is this?
    Land - High-traffic lot, ideal for development.
    Where is this land located?
    The property is located at 1929 Washington St Bismarck, ND.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: Ground lease opportunity reduces upfront capital costs.; Tenant pays pro-rata property taxes and assessments.; Abundant parking available.
    Request Owner's contact information
    1929 Washington St Bismarck, ND 58501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1929 Washington St Bismarck, ND 58501
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