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    Burleigh Ave Bismarck, ND 58504

    Sponsored
    For Sale
    $4,791,600

    Prime Bismarck farmland, future residential potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 40-acre (1,742,400 square foot) agricultural property in Bismarck, North Dakota, presents a unique investment opportunity. Currently zoned AG, the land boasts significant potential for future residential development, having already received approval from the Bismarck Planning Commission for such a transition. Located on Burleigh Avenue near 12th Street, this expansive parcel offers convenient access to key amenities. It's situated just seven minutes from the University of Mary and eight minutes from the Kirkwood Mall, making it an attractive location for both developers and future residents. Utilities are available, and the property sits above the 500-year flood plain (buyer verification recommended). Furthermore, storm water mitigation is facilitated by the Paradise Valley Development to the west. The asking price is $4,791,600, translating to $2.75 per square foot. This represents a compelling opportunity to acquire a large tract of land in a rapidly growing area of Bismarck, with the potential for substantial future returns. The property's location in Burleigh County, with a Bismarck, ND 58504 zip code, ensures easy access to major transportation routes and urban conveniences. This is a rare chance to secure a significant land holding with approved future residential zoning in a desirable Bismarck location.

    Property Features for 0 Burleigh Ave

    General Information

    Property type
    Farms

    HighLights

    • 40‑acre (1,742,400 sq ft) agricultural property in Bismarck, ND.
    • Zoned AG, with approved residential rezoning from the Bismarck Planning Commission.
    • Located on Burleigh Ave near 12th St, seven minutes from University of Mary and eight minutes from Kirkwood Mall.
    • Utilities available; above 500‑year flood plain (buyer verification recommended); storm water mitigation via adjacent Paradise Valley Development.
    • Asking price: $4,791,600 ($2.75/sq ft).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.7627268
    Latitude
    46.7656974

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    FAQs

    What type of property is this?
    Farm - Prime Bismarck farmland, future residential potential.
    Where is this farm located?
    The property is located at Burleigh Ave Bismarck, ND.
    What is the asking price?
    The asking price for this property is $4,791,600.
    What are key features of this property?
    This property features: 40-acre (1,742,400 sq ft) agricultural property in Bismarck, ND.; Zoned AG, with approved residential rezoning from the Bismarck Planning Commission.; Located on Burleigh Ave near 12th St, seven minutes from University of Mary and eight minutes from Kirkwood Mall.
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    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
    Burleigh Ave Bismarck, ND 58504
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