2930 Vermont Ave Bismarck, ND 58504

Property Details for 2930 Vermont Ave

Lot size

3.24 lot acres

Zone code

MA

Property type

Commercial land

APN

0735-004-075

APU

735004075

Description

This exceptional 3.24-acre land parcel, located at 2930 Vermont Avenue in Bismarck, North Dakota, presents a fully entitled and permit-ready opportunity for a self-storage development. The site boasts excellent visibility on the Bismarck Expressway, experiencing over 17,000 vehicles per day. Significant pre-development work has already been completed, including boundary and topographic surveys, Phase I and II environmental assessments, and geotechnical studies. Furthermore, the seller has already invested $850,000 in design, site preparation, and soft costs, significantly reducing the buyer's upfront investment. The proposed three-level facility will encompass 92,938 rentable square feet, offering 739 climate-controlled storage units. This development is strategically positioned to capitalize on the high demand and limited supply of climate-controlled self-storage options in Bismarck. Its proximity to major retailers like Walmart, Sam's Club, and others ensures convenient access and high visibility for potential renters. Construction is poised to begin in Spring 2025, making this a truly turnkey investment opportunity. The asking price for this exceptional property is $1,365,000. This fully-entitled site is ready for immediate development, offering a compelling return on investment in a thriving market. The zip code is 58504, and the property is situated in Burleigh County.