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    Industrial Property in Southeast Bismarck Title is generated by Realmo AI

    1260 Hemlock St, Bismarck, ND 58504

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    30,000 SF building on 2.84 acres for sale.

    Type:Industrial
    Property size:
    30,000 SF
    Lot size:
    2.84 Acres
    Price / SF:
    $63/SF
    Added:
    Mar 11, 2026
    Days on Market:
    109
    Last Refresh:
    Mar 19 at 10:49 pm

    Property Features for 1260 Hemlock St

    General Information

    Standard status
    Active
    Size
    30,000 SF
    Lot size
    2.84 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1979

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    Adam Geiger
    Adam Geiger

    Listing office Rise Property Brokers, Inc.

    Listing date Mar 11, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Rise Property Brokers, Inc.

    HighLights

    • 30,000 SF building ideal for industrial, warehouse, or distribution purposes
    • Situated on a 2.84 acre lot
    • Current tenancy provides immediate income
    • Strategic location with easy access to the East Bismarck Expressway
    • Zoned MA Light Industrial
    • Opportunity for owner occupancy

    Overview

    This property, located in SE Bismarck, features a 30,000 square foot building situated on 2.84 acres. Constructed in 1979, the property is zoned MA Light Industrial and is suitable for industrial, warehouse, or distribution purposes. The current tenancy includes state occupancy, a local distributor, and empty space, offering opportunities for investment or owner occupancy. The property benefits from its location with easy access to the East Bismarck Expressway.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $187.2k $6.24
    − Vacancy −$12.7k −$0.42
    EGI $174.5k $5.82
    − OpEx −$26.2k −$0.87
    NOI $148.3k $4.94
    30,000 SF · lease $6.24/SF/yr · vacancy 6.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.12M
    $1.85M – $2.47M (±1% cap)
    NOI $148,300 @ 7.0% cap · market cap 7.81%
    Second Best
    Industrial
    $1.83M
    $1.60M – $2.14M (±1% cap)
    NOI $128,205 @ 7.0% cap · market cap 6.75%
    Theoretical Best
    Office A
    $7.14M
    $6.25M – $8.33M (±1% cap)
    NOI $499,732 @ 7.0% cap · market cap 26.30%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Prairie Distributing Distribution Center

    Suggested Use

    Department Store Garden Center Electronics & Wireless Store Wine and Liquor Store Home Appliance Store Pet Store & Service Pet Grooming Service Real Estate Agency Kitchen & Bath Showroom Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Bismarck Storage — Cavalry Dr, Bismarck, ND 58504
    • 7-Up Warehouse — 1244 Hemlock St, Lincoln, ND 58504
    • Spee-Dee Delivery Service Inc — Bismarck, ND 58501
    • S & W Portable Storage Inc. — 4630 Carbine Dr, Lincoln, ND 58504

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.7238484
    Latitude
    46.7900479

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    FAQs

    What type of property is this?
    Warehouse - 30,000 SF building on 2.84 acres for sale.
    Where is this warehouse located?
    The property is located at 1260 Hemlock St Bismarck, ND.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: 30,000 SF building ideal for industrial, warehouse, or distribution purposes; Situated on a 2.84 acre lot; Current tenancy provides immediate income
    (701) 222-0232 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Adam Geiger
    Adam Geiger
    Real Estate License ID: ND 10233
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