10 1St Ave Bowman, ND 58623
This exceptional commercial property, situated at 10 1st Avenue in Bowman, North Dakota, presents a unique investment opportunity. The 0.16-acre lot encompasses a substantial 5,863 square feet of land, ideally suited for a variety of commercial ventures. Currently housing a metal quonset building, this property has a rich history serving the automotive industry since 1960. The building is brimming with an extensive inventory of car parts, ranging from new-in-box items to used parts, representing a significant asset for the right buyer. Its prominent location near Main Street in Bowman ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a well-established presence in the community. The property's zip code is 58623, and its coordinates are 46.1813666 latitude and -103.3939223 longitude. This is a rare chance to acquire a substantial commercial lot with existing structures and a proven history in a thriving North Dakota town. The asking price for this remarkable property is $125,000. The property is classified as Special Purpose Land and is categorized as Commercial, Other. The absence of units indicates the property's suitability for various commercial uses. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.