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    4203 Coleman St Bismarck, ND 58503

    For Sale
    Contact for pricing

    2.72 acres, prime development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.722-acre land parcel, located at 4203 & 4113 Coleman St in Bismarck, North Dakota, presents a unique investment opportunity for multi-family or commercial development. The property consists of two lots (APN 0812-002-001, 0812-002-050) totaling 118,572 square feet (86,658 SF and 31,914 SF respectively), and must be purchased together. Situated in Burleigh County, zip code 58503, this strategically located land boasts convenient access to 43rd Avenue, placing it directly across from Cashwise Foods and within a thriving area of established residential communities and retail businesses. The property is zoned RT & RM15, allowing for a variety of development options. Existing infrastructure includes water and sewer access on Coleman Street, with additional water and sewer lines located north of the property along 43rd Avenue. The land value is estimated at $12-$14 per square foot, presenting a compelling return on investment. This prime location and flexible zoning make this an ideal opportunity for developers seeking to capitalize on Bismarck's robust growth. Don't miss this chance to acquire a significant land parcel in a high-demand area.

    Property Features for 4203 Coleman St

    General Information

    Property type
    Land
    Lot Size
    118,570 SF

    HighLights

    • Two adjacent parcels totaling 118,572 square feet.
    • Property offered as a single, combined offering.
    • Zoned RT and RM‑15.
    • Water and sewer access available on Coleman Street.
    • Additional water and sewer access along 43rd Avenue.
    • Excellent commercial and multi‑family development site in a thriving area with existing residential and retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -100.779827
    Latitude
    46.851675

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    FAQs

    What type of property is this?
    Land - 2.72 acres, prime development opportunity.
    Where is this land located?
    The property is located at 4203 Coleman St Bismarck, ND.
    What are key features of this property?
    This property features: Two adjacent parcels totaling 118,572 square feet.; Property offered as a single, combined offering.; Zoned RT and RM-15.
    (701) 223-2450
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    4203 Coleman 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
    4203 Coleman St Bismarck, ND 58503
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