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Property profile & analytics
OFF-MARKET Estimated value $2,285,000
Retail space

2005 Channel Dr Bismarck, ND 58501-7764

12,960 SF 3.82 ac lot Built 2018
Entity Owned Absentee Owner Free & Clear
Property ID
US56-0044721
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2018
Total area 12,960 SF
Lot 3.82 ac (166,225 SF)
Zoning code MA
APN 2235-002-151
UPID US56-0044721
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ferguson Waterworks Water Works Equipment Supplier Irrigation Equipment Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.58M
Comparable Approach Comparable
$2.48M
Blend (final) Blend
$2.29M
Owner & transaction history
CHANNEL PROPERTIES LLP
CHANNEL PROPERTIES LLP
Zoning & alternative use
MA · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

z. Data Center. A data center may be permitted in any MA district as a special use or any MB district as an administrative special use provided: 1. All data processing and storage is contained within a building constructed in compliance with the International Building Code and International Fire Code. 2. Written verification is submitted from the utility pro…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 3,534.34 ac
Source TABLE OF CONTENTS
Top alternative use upside
Commercial (general) $1.9M +1.3%
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