Property profile

115 2nd St Bismarck, ND 58501

OFF-MARKET
Office Spaces
Property ID
US56-0591351
1,250 SF 0.08 ac lot Built 1929
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1929
Total area 1,250 SF
Lot 0.08 ac (3,500 SF)
Zoning code DC
APN 0001-052-070
UPID US56-0591351

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor

Location

115 2nd St Bismarck, ND 58501-3818
Bismarck metro Census 10100 BISMARCK, ND METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.87M

Owner & transaction history

since 2025
Last sale
$2.3M
2 recorded transactions
2025
Price N/A
2024
$2.3M

Zoning & alternative use

DC · Bismarck, ND
Zoning description

commercial message. The following provisions must be met only in the DC - Downtown Core and DF - Downtown Fringe zoning districts: i. All Downtown Design Review procedures shall be followed for any installation of public…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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