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Property profile & analytics
OFF-MARKET Estimated value $2,115,000
Flex space

2508 Morrison Ave B Bismarck, ND 58504

1,075 SF 0.53 ac lot Built 2004
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US56-0174949
Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2004
Total area 1,075 SF
Lot 0.53 ac (23,198 SF)
Zoning code MA
APN 0780-001-047
UPID US56-0174949
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
  • Eide Fleet & Diesel Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.36M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.12M
Owner & transaction history
Brent Eider · 2 yrs held
Brent Eider
since 2023
Last sale
$1.9M
1 recorded transaction
2023
$1.9M
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
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