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    417 Freiburg Ln Bismarck, ND 58504

    For Sale
    $603,345

    Prime 2.77-Acre Lot, 39 Units Planned

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 120,669 square foot shovel-ready site presents a unique investment opportunity in Bismarck, North Dakota. Located at 417 Freiburg Ln, in Burleigh County, zip code 58504, this 2.77-acre parcel is zoned for Planned Unit Development (PUD). The asking price is $603,345. Detailed building plans for three separate townhome buildings (A, B, and C) are included in the sale. Each building's design encompasses two stories and 13 units, resulting in a total of 39 proposed townhome units upon completion. This property is situated in south Bismarck, offering convenient access to local amenities and infrastructure. The seller is the owner/agent. This is a turnkey opportunity for developers seeking a fully permitted and planned project, ready for immediate construction. The site's size and zoning provide significant potential for a high-density residential development. All necessary approvals and plans are in place, minimizing development timelines and associated costs. This is an exceptional opportunity to capitalize on the growing Bismarck real estate market.

    Property Features for 417 Freiburg Ln

    General Information

    Property type
    Land

    HighLights

    • 120,669 SF shovel‑ready site in Bismarck, ND.
    • 2.77‑acre parcel zoned PUD at 417 Freiburg Ln, Burleigh County, 58504.
    • $603,345 asking price.
    • Includes plans for 39 townhome units (3 buildings, 13 units/building).
    • South Bismarck location with convenient access to amenities.
    • Fully permitted and planned, ready for immediate construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Kitchen & Bath Accounting Firm Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.7895538
    Latitude
    46.7680442

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    FAQs

    What type of property is this?
    Land - Prime 2.77-Acre Lot, 39 Units Planned
    Where is this land located?
    The property is located at 417 Freiburg Ln Bismarck, ND.
    What is the asking price?
    The asking price for this property is $603,345.
    What are key features of this property?
    This property features: 120,669 SF shovel-ready site in Bismarck, ND.; 2.77-acre parcel zoned PUD at 417 Freiburg Ln, Burleigh County, 58504.; $603,345 asking price.
    Request Owner's contact information
    417 Freiburg Ln Bismarck, ND 58504
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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
    417 Freiburg Ln Bismarck, ND 58504
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