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    Land

    57th And Washington St, Bismarck, ND 58503

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    Property summary
    AI-generated overview

    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 profile
    Verified
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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