Property profile

212 2nd St Bismarck, ND 58501

OFF-MARKET
Office Spaces
Property ID
US56-0505566
2,500 SF 0.08 ac lot Built 1956
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1956
Total area 2,500 SF
Lot 0.08 ac (3,500 SF)
Zoning code DF
APN 0001-060-010
UPID US56-0505566

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor

Location

212 2nd St Bismarck, ND 58501-3819
Bismarck metro Census 10100 BISMARCK, ND METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2021
Last sale
$375,000
5 recorded transactions
2021
$375,000
2019
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A

Zoning & alternative use

DF · Bismarck, ND
Zoning description

Downtown Core and DF - Downtown Fringe zoning districts: i. All Downtown Design Review procedures shall be followed for any installation of public art. ii. The public art is not installed on any side of a building direct…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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