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    Property profile & analytics

    1402 Basin Ave Bismarck, ND 58504-6948

    • Flex space
    • 7,550 SF
    • 0.71 lot acres
    OFF-MARKET
    Value Estimation
    $1,320,000
    Last Sale
    Sep 13, 2022
    $975,000
    Location Intelligence
    Property ID
    US56-0272433
    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

    • Broderick Repair / Auto Repair Shop
    • Great American Rolloffs / Garbage Dump Service / Waste Management Service
    • Dakota Communications / Cell Phone Store

    Property Details for 1402 Basin Ave

    Year built
    2001
    Lot size
    0.71 lot acres
    Property size
    7,550 SF
    Zone code
    MA
    Property type
    Flex space
    APN
    0720-002-075
    APU
    720002075

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,460,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,025,000
      6.5%
      $1,110,000
      7%
      $1,075,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,095,000
      Geo Method
      $970,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,155,000
      Retail
      $1,070,000
      Mixed-Use
      $885,000
      Hospitality
      $1,095,000
      Educational
      $1,045,000
      Residential Income
      $930,000
      Energy
      $865,000
      Income-Based Land
      $915,000
      Food Service
      $1,120,000

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.771
    Latitude
    46.7846
    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
    $1,669
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,075 SF

      2508 Morrison Ave

      LIGHT INDUSTRIAL • 1,075 SF
      2508 Morrison Ave, Bismarck, ND 58504
      View Details
    • Value Estimation
      $245,000
      2,160 SF

      1323 Republic St Ste K

      LIGHT INDUSTRIAL • 2,160 SF
      1323 Republic St Ste K, Bismarck, ND 58504-6913
      View Details
    • Value Estimation
      $635,000
      10,120 SF

      1341 20th St

      LIGHT INDUSTRIAL • 10,120 SF
      1341 20th St, Bismarck, ND 58504-6966
      View Details
    • Value Estimation
      $455,000
      8,500 SF

      2107 Sweet Ave

      LIGHT INDUSTRIAL • 8,500 SF
      2107 Sweet Ave, Bismarck, ND 58504-6024
      View Details
    • Value Estimation
      $540,000
      10,700 SF

      1321 12th St

      LIGHT INDUSTRIAL • 10,700 SF
      1321 12th St, Bismarck, ND 58504-6636
      View Details
    • Value Estimation
      $505,000
      3.33 Acres

      3204 Airway Ave

      LIGHT INDUSTRIAL • 3.33 Acres
      3204 Airway Ave, Bismarck, ND 58504-7802
      View Details

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    Bismarck, ND 58504-6948
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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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