3825 Franklin AveBismarck, ND 58503

  • Other commercial real estate
  • 1.83 AC
For Sale
$645,000 View listing

Property Details for 3825 Franklin Ave

Year built
1984
Lot size
1.83 AC
Zone code
MA
Property type
Other commercial real estate
APN
0902-003-001
APU
902003001

Description

Exceptional opportunity to acquire a 79,697 square foot industrial land parcel located at 3825 Franklin Avenue in Bismarck, North Dakota. This property, identified by APN 0902-003-001, is zoned MA - Light Industrial and presents a compelling investment prospect due to its prime location at the high-visibility southwest corner of Franklin and Centennial Road. The lot features a mix of concrete and asphalt surfaces, a legacy of its previous use by a logistics trucking company, making it ready for immediate development. Situated in a rapidly expanding area of Northeast Bismarck, experiencing significant growth across commercial, industrial, and residential sectors, this location offers unparalleled potential. The property's proximity to Sunrise Town Centre, a thriving neighborhood retail and grocery development, further enhances its appeal. The high traffic count and corner lot visibility ensure maximum exposure for any future development. Considerable development options exist, including shop condos, commercial business suites, or a single-user facility. 2023 property taxes were $3,655.49, with special assessments totaling $28,607.19 ($5,651.23 installments and $22,955.96 balance). This property offers easy access to I-94 Exit 161, providing convenient transportation links. Don't miss this chance to capitalize on the burgeoning growth in Bismarck's Northeast sector.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,270,486
    Hospitality
    $13,071,689
    Educational
    $10,875,491
    Medical
    $11,249,516
    Retail
    $16,917,432
3825 Franklin Ave, Bismarck, North Dakota

Location Insight

City
Bismarck
County
Burleigh
State
North Dakota
Latitude
46.8392
Longitude
-100.732
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
$9,307
$93,850
$46,800
$140,650
-
$187,700
$93,600
$281,300

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