820 Airport RdBismarck, ND 58504

  • Industrial properties
  • 3,000 SF
For Sale
$545,000 View listing

Property Details for 820 Airport Rd

Year built
1991
Lot size
0.80 AC
Property size (Sq ft)
3,000 SF
Zone code
MA
Property type
Industrial properties
Property subtype
Flex space
APN
0270-001-055
APU
270001055

Description

This Bismarck, ND industrial property, located at 820 Airport Rd, presents a compelling investment or owner-user opportunity. The complex comprises three single-story buildings constructed between 1957 and 1991, offering a combined 10,440 square feet of versatile flex and warehouse space across eight units. Individual unit sizes range from 2,640 to 4,800 square feet, catering to diverse business needs. The property sits on a substantial 34,974 square foot lot and benefits from convenient access to Airport Road and the Expressway, enhancing its appeal and accessibility. Units feature adaptable entry options, including overhead and sliding doors. The property is zoned MA and has convenient connections to S 18th and S 19th Streets. The asking price is $545,000, representing a price per unit of $68,125. 2023 property taxes totaled $8,084.19, with special installments of $1,718.96 and a balance of $10,297.42. This multi-tenant property offers a strong potential for rental income, making it an attractive investment for those seeking a diversified portfolio. The property's multi-use configuration and strategic location make it an ideal choice for both investors and owner-occupiers.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $537,056
    Hospitality
    $491,941
    Educational
    $409,289
    Medical
    $423,365
    Retail
    $636,672
820 Airport Rd, Bismarck, North Dakota
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Location Insight

City
Bismarck
County
Burleigh
State
North Dakota
Latitude
46.7963
Longitude
-100.764
CBSA code
13900
CBSA name
BISMARCK, ND METROPOLITAN STATISTICAL AREA

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
$9,803
$98,300
$212,750
$311,050
-
$196,600
$425,500
$622,100

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