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    Property profile & analytics

    1356 Airport Rd Bismarck, ND 58504-6929

    • Retail space
    • 11,100 SF
    • 1.57 lot acres
    OFF-MARKET
    Value Estimation
    $550,000
    Last Sale
    Jul 06, 2020
    Location Intelligence
    Property ID
    US56-0704505
    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

    • Bismarck Rentall Penske / Party Equipment Rental Service / Tent Rental Service
    • Penske Truck Rental / Truck Rental Agency / Moving Supply Store

    Property Details for 1356 Airport Rd

    Year built
    2015
    Lot size
    1.57 lot acres
    Property size
    11,100 SF
    Zone code
    MA
    Property type
    Retail space
    APN
    1135-003-075
    APU
    1135003075

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $495,000

    • CAP approach

      CAP return
      Estimation
      6%
      $790,000
      6.5%
      $705,000
      7%
      $680,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $660,000
      Geo Method
      $765,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $820,000
      Retail
      $615,000
      Mixed-Use
      $660,000
      Hospitality
      $740,000
      Educational
      $760,000
      Residential Income
      $645,000
      Energy
      $695,000
      Income-Based Land
      $785,000
      Food Service
      $610,000

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.764
    Latitude
    46.789
    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
    $17,177
    $155,700
    $504,500
    $660,200
    -
    $311,400
    $1,009,000
    $1,320,400

    Comparable in this City

    • Value Estimation by Request
      2,100 SF

      220 Front Ave

      Neighborhood centers • 2,100 SF
      220 Front Ave, Bismarck, ND 58504
      View Details
    • Value Estimation
      $965,000
      7,030 SF

      1402 Airport Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,030 SF
      1402 Airport Rd, Bismarck, ND 58504-6911
      View Details
    • Value Estimation
      $285,000
      12,740 SF

      6707 Humbert Dr

      RETAIL STORES (PERSONAL SERVICES) • 12,740 SF
      6707 Humbert Dr, Lincoln, ND 58504-3204
      View Details
    • Value Estimation
      $735,000
      7,460 SF

      1222 22nd St

      RETAIL STORES (PERSONAL SERVICES) • 7,460 SF
      1222 22nd St, Bismarck, ND 58504-6805
      View Details
    • Value Estimation
      $930,000
      24,150 SF

      501 Airport Rd

      RETAIL STORES (PERSONAL SERVICES) • 24,150 SF
      501 Airport Rd, Bismarck, ND 58504-6107
      View Details
    • Value Estimation
      $405,000
      6,480 SF

      404 Airport Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,480 SF
      404 Airport Rd, Bismarck, ND 58504-6105
      View Details

    Similar Nearby for Sale

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      Flexible 8,146 sq ft commercial space for sale.
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    Similar Nearby for Lease

    • $18 SF/Yr
      1,800 SF

      Mixed-Use Center Retail Space

      Mixed-use center suitable for small business, retail, or drive-thru.
      105 Mcdougall Dr, Lincoln, ND 58504
      View Details
    • $16 SF/Yr
      1,040 SF

      Retail Space with Salon Plumbing

      Retail space with high visibility and salon infrastructure.
      1033 S Washington St, Bismarck, ND 58504
      View Details
    • $9 SF/Yr
      10,000 SF

      Bismarck Industrial Space for Lease

      10,000-20,000 SF Industrial Building, Spring 2025
      1814 Burlington Dr, Bismarck, ND 58504
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    • $24 SF/Yr
      3,465 SF

      Retail Space Near Kirkwood Mall

      Retail space with high traffic, easy access, and parking.
      404 S 3Rd St, Bismarck, ND 58504
      View Details
    • $16 SF/Yr
      2,275 SF

      Retail Space For Lease

      2,275 SF retail space available for lease.
      914 S 12Th St, Bismarck, ND 58504
      View Details
    • $12 SF/Yr
      3,600 SF

      Versatile Flex Space Available

      Adaptable 3,600 SF flex space with showroom potential.
      2385 Vermont Ave, Bismarck, ND 58504
      View Details
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    Bismarck, ND 58504-6929
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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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