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    3548 Viewpoint Dr Bismarck, ND 58503

    For Sale
    $330,000

    Prime 2.08-acre residential development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.08-acre parcel, located at 3548 & 3560 Viewpoint Drive in Bismarck, North Dakota, presents a unique opportunity for residential development. Zoned RM 15 Residential Multi-Family, this property allows for the construction of up to 15 multi-family units, offering significant potential for condo development. The site is situated in a quiet neighborhood within the North Hills Condo Association, providing residents with a peaceful atmosphere while maintaining easy access to Bismarck's amenities. The property's APN numbers are 0804-001-120 and 0804-001-125. While a maximum of 15 units is permitted under the current zoning, the association and existing owner must approve any proposed development plans. This land offers a compelling investment opportunity for developers seeking to capitalize on the growing demand for residential housing in this desirable Bismarck location. The asking price for this exceptional property is $330,000. This is a rare chance to acquire a well-located, sizable parcel ready for immediate development in a thriving North Dakota community. The property is conveniently located in Burleigh County, with a 58503 zip code.

    Property Features for 3548 Viewpoint Dr

    General Information

    Property type
    1031 exchange properties
    Lot Size
    90,605 SF

    HighLights

    • RM‑15 Multi‑family zoning.
    • Quiet neighborhood with convenient access to Bismarck amenities.
    • Located within the North Hills Condo Association.
    • Up to 15 multi‑family units permitted.
    • Requires association and owner approval for development plans.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    1031 exchange properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.7827329
    Latitude
    46.843176

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    FAQs

    What type of property is this?
    1031 exchange property - Prime 2.08-acre residential development site.
    Where is this 1031 exchange property located?
    The property is located at 3548 Viewpoint Dr Bismarck, ND.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: RM-15 Multi-family zoning.; Quiet neighborhood with convenient access to Bismarck amenities.; Located within the North Hills Condo Association.
    (701) 223-2450
    Request Owner's contact information
    3548 Viewpoint Dr 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
    3548 Viewpoint Dr Bismarck, ND 58503
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