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Financial
Distress signals
Property profile

1611 E Century Ave Bismarck, ND 58503

FOR LEASE
Other office properties
Property ID
US56-0410923
29,509 SF 3.51 ac lot Built 2006
Last sale Apr 2006 · $662,073
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A Class A office building is located in North Bismarck with prominent frontage along Century Avenue, providing office space within a commercial corridor setting. The building is configured for office use and includes areas that can support occupancy or serve as an investment property.

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?
$72k
Tax billed · 2023
Assessed value$2.54M
Assessed land$364k
Assessed improvement$2.17M
Effective rate2.82%

Value estimate

· Oct 2026
$2.59M
$2.33M – $2.84M
CAP approach$3.41M
Submarket $/SF estimate$1.70M
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$4k
Operating expenses−$7k
NOI · 115,441.18% cap applied$20k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$157/SF
Submarket average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$78 – $234

Cap rate analysis

How does the asset earn?
115,441.18%
$20k 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?
RT
The RT residential district is established as a district in which the use of land is high density residential uses and limited business d...
General categoryMIXED_USE
JurisdictionBURLEIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply26.4
Wholesale Shop20.7
Auto Repair Shop20.1

Location

1611 E Century Ave Bismarck, ND 58503
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

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4530 Northern Sky, Bismarck, ND 58503-8534 $5,219,886 Oct 2024 20,350 SF
4111 State, Bismarck, ND 58503-0622 $1,200,000 Nov 2023 23,110 SF
1400 Century, Bismarck, ND 58503-0915 $3,200,000 Sep 2022 15,969 SF
125 Buckskin, Bismarck, ND 58503-8212 $584,800 May 2021 19,520 SF
1800 Burnt Boat, Bismarck, ND 58503-0803 $2,398,563 Apr 2021 11,714 SF
840 43rd NE, Bismarck, ND 58503-1670 $4,977,280 Aug 2020 18,094 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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