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    4808 Ottawa St Bismarck, ND 58503

    For Sale
    $163,667

    Prime North Bismarck lot, high traffic, near major retailers.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 19,255 square foot commercial land parcel presents a compelling investment opportunity in a thriving area of North Bismarck, North Dakota. Located at 4808 Ottawa Street, zip code 58503, this property is zoned CG - Commercial, offering significant development potential. The asking price is $163,667.50, translating to a land value of $8.50 per square foot. Its strategic location boasts high traffic counts, ensuring excellent visibility and accessibility for any commercial venture. The property benefits from its proximity to a cluster of established, large-name retailers, including Fleet Farm, Costco, Dick's Sporting Goods, HomeGoods, Sierra, and Ross Dress for Less, creating a strong retail synergy and attracting substantial foot traffic. This prime location within Burleigh County offers an ideal setting for a variety of commercial developments, capitalizing on the area's robust growth and established retail presence. The property's size and zoning provide ample flexibility for various commercial uses, making it an attractive proposition for investors seeking a high-traffic, well-located site in a rapidly developing area of North Bismarck. This is a rare opportunity to acquire a significant commercial land parcel in a prime location with exceptional potential for future growth and return on investment.

    Property Features for 4808 Ottawa St

    General Information

    Property type
    Land

    HighLights

    • 19,255 SF commercial land parcel in North Bismarck, ND (58503) at 4808 Ottawa Street.
    • High traffic counts ensure excellent visibility and accessibility.
    • Located near major retailers including Fleet Farm, Costco, Dick's Sporting Goods, HomeGoods, Sierra, and Ross Dress for Less.
    • Zoned CG‑Commercial, priced at $163,667.50 ($8.50/SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.7749259
    Latitude
    46.857966

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    FAQs

    What type of property is this?
    Land - Prime North Bismarck lot, high traffic, near major retailers.
    Where is this land located?
    The property is located at 4808 Ottawa St Bismarck, ND.
    What is the asking price?
    The asking price for this property is $163,667.
    What are key features of this property?
    This property features: 19,255 SF commercial land parcel in North Bismarck, ND (58503) at 4808 Ottawa Street.; High traffic counts ensure excellent visibility and accessibility.; Located near major retailers including Fleet Farm, Costco, Dick's Sporting Goods, HomeGoods, Sierra, and Ross Dress for Less.
    (701) 223-2450
    Request Owner's contact information
    4808 Ottawa St Bismarck, ND 58503
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    Bismarck, ND 58503
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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
    4808 Ottawa St Bismarck, ND 58503
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