1207 E Main Ave Bismarck, ND 58501
For Sale
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This Bismarck, ND investment opportunity comprises three parcels totaling 117,276 square feet. The property features three buildings totaling 40,795 square feet of flex space, ideally suited for a mix of office and warehouse uses. Building improvements include approximately 34,456 square feet of office and warehouse/processing space in one building, and a 3,336 square foot office building. A third building offers 3,003 square feet of storage/warehouse space. The property boasts eight loading docks, a large hard-surface parking lot, and a fully fenced concrete yard. One parcel is a vacant, 13,819 square-foot gravel-surfaced lot. The property benefits from 540 feet of Main Street frontage. Built in 1964 with renovations in 1997, the property is zoned MA and features three separate parcels (APN: 0010-000-001 / 0010-000-050 / 0005-000-800). Asking price is $2,400,000. Scheduled tours only.
z. Data Center. A data center may be permitted in any MA district as a special use or any MB district as an administrative special use provided: 1. All data processing and storage is contained within a building constructed in compliance with the International Building Code and International Fire Code. 2. Written verification is submitted from the utility pro…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MA · Bismarck, NDz. Data Center. A data center may be permitted in any MA district as a special use or any MB district as an administrative special use provided: 1. All data processing and storage is contained within a building constructed in compliance with the International Building Code and International Fire Code. 2. Written verification is submitted from the utility provider that sufficient capacity will be available to meet anticipated needs for electrical power. 3. Facilities are equipped with environmental controls to maintain the proper conditions for the operation of electronic equipment. 4. The applicant verifies at the time of application that all requirements of Chapter 8-10 (Noises) of the Bismarck Code of Ordinances will be met during operations, as measured from the property line of the subject parcel. Verification may be in the form of a noise study, manufacturer specifications, data from comparable facilities, or any combination thereof. aa. Agriculture Recreation, Major. Agriculture Recreation, Major may be permitted in any A - Agricultural district as a special use provided: 1. The use is ancillary to the primary agricultural use. 2. The lot in which the use is located is at least thirty -five (35) acres in area. 3. The lot in which the use is located is outside the Urban Service
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
