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Financial
Distress signals
Property profile

1500 Capitol Ave Bismarck, ND 58501

OFF-MARKET
Office Spaces
Property ID
US56-0414039
7,980 SF 0.7 ac lot Built 1973
Last sale Nov 2009 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 7,980 square foot office building, situated at 1500 E Capitol Ave in Bismarck, North Dakota, presents a unique investment opportunity. Built in 1973, this single-story structure sits on a generous 30,521 square foot lot and is zoned CG - Commercial, allowing for diverse usage. The property features a traditional office layout combined with coworking space options, catering to a variety of business needs. The building boasts multiple tenancies, providing flexibility for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$572k
Assessed land$174k
Assessed improvement$398k
Effective rate2.61%

Value estimate

· Oct 2026
$555k
$500k – $611k
CAP approach$920k
Submarket $/SF estimate$853k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$95 – $176

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CG
The CG commercial district is a heavy commercial area located outside the central business district to provide commerce and service to th...
General categoryCOMMERCIAL
JurisdictionBURLEIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.4
HVAC Service12.5
Auto Repair Shop12.4

Location

1500 Capitol Ave Bismarck, ND 58501-2001
County assessor Recorded deeds · 2 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
201 Broadway, Bismarck, ND 58501-3843 $2,266,090 May 2025 13,976 SF
701 Rosser Ave, Bismarck, ND 58501-4477 $7,120,000 May 2024 15,468 SF
2222 Broadway, Bismarck, ND 58501-4930 $525,000 Mar 2024 6,065 SF
1022 Dv, Bismarck, ND 58501-1902 $2,250,000 Jan 2024 7,604 SF
1000 Rosser, Bismarck, ND 58501-4414 $5,542,151 Oct 2022 14,826 SF
5220 Main, Bismarck, ND 58501-9343 $2,250,000 Mar 2022 7,180 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 nearby
6 properties of the same type nearby
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