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    5200 Lasalle Dr Bismarck, ND 58503

    For Sale
    $2,213,000

    Prime Bismarck location, build-to-suit opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.12-acre commercial land parcel, located at 5200 Ottawa & 1122 E LaSalle Dr. in Bismarck, North Dakota, presents a unique investment opportunity. Zoned for a variety of uses, this property offers significant potential for development. The asking price is $2,213,000. Situated on a prime corner lot, it enjoys high visibility and accessibility, boasting a strategic location directly across from major retailers including Costco, Walmart, and Hay Creek Shops, ensuring high traffic and customer exposure. The site's 92,206 square feet provide ample space for a wide range of commercial developments, including restaurants, retail establishments, gas stations and convenience stores, medical facilities, or other suitable ventures. Build-to-suit options are available with negotiable terms. The property's location in the thriving North Bismarck area guarantees strong growth potential and a robust return on investment. This is an exceptional chance to acquire a highly desirable commercial land parcel in a rapidly expanding market. The zip code is 58503. Further details regarding ground lease options are available upon request.

    Property Features for 5200 Lasalle Dr

    General Information

    Property type
    Land
    Lot Size
    92,347 SF

    HighLights

    • 5200 Ottawa & 1122 E LaSalle Dr, Bismarck, ND 58503
    • $2,400,000 asking price ($26/SF)
    • $1.50/SF ground lease available
    • Build‑to‑suit options with negotiable terms
    • 92,206 SF / 2.12‑acre prime corner lot
    • High‑visibility location across from Costco, Walmart, and Hay Creek Shops in booming North Bismarck
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -100.7749671
    Latitude
    46.860415

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    FAQs

    What type of property is this?
    Land - Prime Bismarck location, build-to-suit opportunity.
    Where is this land located?
    The property is located at 5200 Lasalle Dr Bismarck, ND.
    What is the asking price?
    The asking price for this property is $2,213,000.
    What are key features of this property?
    This property features: 5200 Ottawa & 1122 E LaSalle Dr, Bismarck, ND 58503; $2,400,000 asking price ($26/SF); $1.50/SF ground lease available
    (701) 223-8488
    Request Owner's contact information
    5200 Lasalle Dr 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
    5200 Lasalle Dr Bismarck, ND 58503
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