Financial
Distress signals
Property profile

1207 E Main Ave Bismarck, ND 58501

FOR SALE
Manufacturing properties
Property ID
US56-0216914
34,662 SF 1.73 ac lot Built 1948
Last sale May 2020 · $2,480
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$40k
Tax billed · 2023
Assessed value$1.55M
Assessed land$220k
Assessed improvement$1.33M
Effective rate2.60%

Value estimate

· Sep 2026
$2.35M
$2.12M – $2.59M
CAP approach$2.28M
Sales comparison$2.72M
NOI build-up
Gross scheduled income$249k
Vacancy & credit loss−$19k
Operating expenses−$69k
NOI · 9.94% cap applied$162k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$114/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$71 – $162

Cap rate analysis

How does the asset earn?
9.94%
$162k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MA
The MA industrial district is established as a district in which the principal use of land is for heavy commercial establishments and non...
General categoryINDUSTRIAL
JurisdictionBURLEIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility14.6
HVAC Service13.6
Convenience Store12.1

Location

1207 E Main Ave Bismarck, ND 58501
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 18 properties in this city
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
3035 Broadway, Bismarck, ND 58501-5116 $875,000 Aug 2024 7,050 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable in this city
6 properties of the same type in this city
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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