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Property profile & analytics
OFF-MARKET Estimated value $345,000
Mobile home & RV parks

2406 Thayer Ave Bismarck, ND 58501-5080

2.07 ac lot Built 1953
Individually Owned 17-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US56-0191862
Property profile
Verified
Property type Mobile home & RV parks
Use group MOBILE HOME PARK, TRAILER PARK
Year built 1953
Lot 2.07 ac (89,995 SF)
Zoning code RMH
APN 0105-045-001
UPID US56-0191862
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
  • Bismarck Mobile Home Park Campground & RV Park
  • Jessica broom Apartment Building
  • Sideline Bar Bar & Pub
  • Red Roses Photography Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k
Owner & transaction history
Daniel Frank · 17 yrs held
Daniel Frank
since 2009
2 recorded transactions
2009
$710,000
2007
Price N/A
Zoning & alternative use
RMH · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

special use in all zoning districts except RMH or MB districts, provided: 1) Each building shall provide not less than thirty -five (35) square feet of interior recreation area per child . Work areas, office areas, and other areas not designed for use of the children may not be counted in this computation. 2) Each lot shall provide an outdoor recreation area…

Zone name Residential Manufactured Home Park
General category RESIDENTIAL
Zone area 608.29 ac
Source TABLE OF CONTENTS
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