Bismarck Land Must be Appraised Before Its Sales

(I-Canada-News.Com, June 10, 2013 ) Alberta, Canada -- Lance Gaebe, the Department of Trust Lands Commissioner noted that the state is interested in selling Section 36, which is the nearly 600 acres located along the Bismarck Expressway and Centennial Road in the east Bismarck area.



The state had hired the Ulteig Engineers to study just how it might be marketed to possible buyers as a development. The study is said to be completed at the end of June.



The state has already attempted to sell portions of the land since 2007, but the interested parties were unable to come to an agreement on the land use and value.



“We have had interest from all sectors — commercial, industrial, residential,” Gaebe said.



The state is currently required to offer the property via an auction, and the property cannot be sold for any less than the appraised amount that it is allowed for public purposes, such as schools. Money then goes to the public education in the state, according to Gaebe.



The 2007 attempt to sell saw the southeast section of the property appraised for over $2,380,000. The southwest section fetched an appraised amount of $1,301,000.



The entirety of the property is now used as pasture land currently. The area surrounding the land is currently a commercial and industrial development to the north, while to the east lies rural housing. Retail businesses are located on the west end of the property, while the Missouri Valley Fairgrounds lies to the south.



In other property news, a new gym will be located on in the W. Villard Street area.



Co-owner Randy Walz stated the gym will hold a CrossFit section of the gym, and will have cardio machines as well as free weights. The gym itself will offer everything from off-season training for athletes to personal training for customers.



Walz stated that she is preparing the 6,500-foot space for renovation. She, as well as her business partners, Shane Walz and Sam Wilson, hope to open the project in Bismark in September.



“There’s really a need for it in the community,” she said.



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