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    57th And Washington St Bismarck, ND 58503

    Sponsored
    For Sale
    $1,568,322

    Prime Bismarck commercial lot, high visibility, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 87,120 square foot commercial lot, located at the intersection of 57th Avenue NE and Washington Street in Bismarck, North Dakota, presents a unique investment opportunity. Priced at $1,568,322 ($18/SF), this property is zoned CA-Commercial, offering considerable flexibility for developers. Its prime location within the rapidly expanding Boulder Ridge Development ensures high visibility and accessibility, benefiting from proximity to major roadways and local amenities. The lot's strategic position near established residential communities like Boulder Ridge and Eagle Crest, along with nearby schools such as Horizon Middle School and Liberty Elementary, guarantees a strong potential customer base for various commercial ventures. The 2-acre parcel is ideal for multi-family, mixed-use, or medical developments, capitalizing on Bismarck's thriving market. This development-ready land offers excellent exposure due to its location in a high-traffic area, making it an attractive investment for those seeking to capitalize on Bismarck's continued growth. The property is situated in Burleigh County, North Dakota, zip code 58503.

    Property Features for 57th And Washington St

    General Information

    Property type
    Land

    HighLights

    • Excellent 57th Avenue & Washington Street location with easy highway access.
    • CA Commercial zoning permits diverse development (multi‑family, mixed‑use, medical).
    • High visibility & strong traffic counts in a thriving commercial/residential area.
    • Abundant nearby schools, shopping, dining, and recreation.
    • 2‑acre development‑ready site.
    • Attractively priced at $18/SF in Bismarck's fastest‑growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.79348373638
    Latitude
    46.866984422071

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    FAQs

    What type of property is this?
    Land - Prime Bismarck commercial lot, high visibility, development ready.
    Where is this land located?
    The property is located at 57th And Washington St Bismarck, ND.
    What is the asking price?
    The asking price for this property is $1,568,322.
    What are key features of this property?
    This property features: Excellent 57th Avenue & Washington Street location with easy highway access.; CA Commercial zoning permits diverse development (multi-family, mixed-use, medical).; High visibility & strong traffic counts in a thriving commercial/residential area.
    Request Owner's contact information
    57th And Washington St 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
    57th And Washington St Bismarck, ND 58503
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