4203 Coleman StBismarck, ND 58503

  • Land
  • 1.99 AC
For Sale

Property Details for 4203 Coleman St

Lot size
1.99 AC
Zone code
RT
Property type
Land
Property subtype
Commercial land
APN
0812-002-001
APU
812002001

Description

This exceptional 2.722-acre land parcel, located at 4203 & 4113 Coleman St in Bismarck, North Dakota, presents a unique investment opportunity for multi-family or commercial development. The property consists of two lots (APN 0812-002-001, 0812-002-050) totaling 118,572 square feet (86,658 SF and 31,914 SF respectively), and must be purchased together. Situated in Burleigh County, zip code 58503, this strategically located land boasts convenient access to 43rd Avenue, placing it directly across from Cashwise Foods and within a thriving area of established residential communities and retail businesses. The property is zoned RT & RM15, allowing for a variety of development options. Existing infrastructure includes water and sewer access on Coleman Street, with additional water and sewer lines located north of the property along 43rd Avenue. The land value is estimated at $12-$14 per square foot, presenting a compelling return on investment. This prime location and flexible zoning make this an ideal opportunity for developers seeking to capitalize on Bismarck's robust growth. Don't miss this chance to acquire a significant land parcel in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,510,370
    Hospitality
    $14,207,416
    Educational
    $11,820,403
    Medical
    $12,226,925
    Retail
    $18,387,294
4203 Coleman St, Bismarck, North Dakota

Location Insight

City
Bismarck
County
Burleigh
State
North Dakota
Latitude
46.8517
Longitude
-100.78
CBSA code
13900
CBSA name
BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,305
$148,100
-
$148,100
-
$296,200
-
$296,200

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