3825 Franklin AveBismarck, ND 58503
- Other commercial real estate
- 1.83 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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