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    Property profile & analytics

    322 Main St Lisbon, ND 58054

    • Commercial land
    For Sale
    View listing
    $130,000
    Value Estimation
    Location Intelligence
    Property ID
    US56-0101313
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 322 Main St

    Property type
    Commercial land
    APN
    28-4807000
    APU
    284807000

    Description

    This exceptional commercial property at 322 Main Street, Lisbon, North Dakota, presents a rare investment opportunity. The 19,950 square foot building, situated on a 0.36-acre lot with 125 feet of Main Street frontage, has served as the location of Fantasy Furniture for over 40 years. The current owners are retiring and offering the property for sale, including the main store building and a vacant lot on the same block. The main building, measuring approximately 100 feet by 140 feet, features a partial basement providing significant usable storage space. The foundation is described as incredibly strong. This property offers substantial potential for a variety of commercial uses, benefiting from its prominent location on Main Street and its established history. The sale includes both the main building and an additional vacant lot, providing flexibility for expansion or future development. Possession is expected in the first quarter of 2024. This is a turnkey opportunity to acquire a well-established commercial property in a desirable location. The asking price is $130,000. Don't miss this chance to own a piece of Lisbon's Main Street.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lisbon
    County
    Ransom
    State
    North Dakota
    Longitude
    -97.6817
    Latitude
    46.4432

    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
    $98
    $1,050
    $0.00
    $1,050
    -
    $2,100
    $0.00
    $2,100

    Comparable in this City

    • Value Estimation by Request
      15.46 Acres

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      VACANT COMMERCIAL LAND • 15.46 Acres
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      Lisbon, ND 58054

      VACANT COMMERCIAL LAND
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      17 9th W Ave

      VACANT COMMERCIAL LAND
      17 9th W Ave, Lisbon, ND 58054-4218
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      604 Main St

      VACANT COMMERCIAL LAND
      604 Main St, Lisbon, ND 58054-4239
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      1206 Main St

      VACANT COMMERCIAL LAND
      1206 Main St, Lisbon, ND 58054-4419
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    • Value Estimation by Request

      304 Main St

      VACANT COMMERCIAL LAND
      304 Main St, Lisbon, ND 58054-4140
      View Details

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    322 Main St
    Lisbon, ND 58054
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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