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    OFF-MARKET
    Land

    US-83 Avenue, Bismarck, ND 58503

    Property ID
    Property summary
    AI-generated overview

    This exceptional 12.67-acre commercial land parcel, totaling 551,905 square feet, is strategically located at the high-visibility intersection of Highway 83 and 84th Ave NE in Bismarck, North Dakota, within Burleigh County. Priced at $6.00 per square foot, the total asking price is $3,311,430. The property boasts a Heavy Commercial (CG) zoning designation, providing immense flexibility for a wide array of commercial developments, including retail, hospitality, or mixed-use projects. Its prime corner location ensures exceptional visibility and accessibility, benefiting from high traffic counts and convenient access to major highways. The seller is willing to subdivide the lot to accommodate various development needs. Currently, there are no special assessments, and the 2023 property taxes totaled $30.52. This presents a unique opportunity for businesses seeking a prominent location in a rapidly growing area. The property's size, zoning, and location combine to offer significant development potential and a strong return on investment. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving North Dakota market. The zip code is 58503.

    Property profile
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    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Permitted uses
    Allowed · conditional · prohibited
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