US-83 Avenue, Bismarck, ND 58503
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.