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Property profile

2906 Morrison Ave 1 Bismarck, ND 58504

OFF-MARKET
Other industrial properties
Property ID
US56-0658527
4,000 SF 3.27 ac lot Built 2017
Last sale May 2026 · $630,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This industrial property totals 4,000 square feet and includes a finished office space of approximately 2,980 square feet along with a technical lab area, a conference room, and ADA-compliant facilities. The heated shop area comprises 1,020 square feet and features a 14-foot roll-up door and 16-foot ceiling height. The site includes a backyard parking area for operational use. The property is zoned MA and was constructed in 2017, and it has been configured as a single unit. The lot size is approximately 142,515 square feet.

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?
$7k
Tax billed · 2023
Assessed value$250k
Assessed land$27k
Assessed improvement$223k
Effective rate2.73%

Value estimate

· Nov 2026
$310k
$279k – $341k
Submarket $/SF estimate$708k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$152/SF
ZIP average, outlier-cleaned · 177 recorded sales of this use type
Observed band · Q1–Q3$127 – $195
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MA
The MA industrial district is established as a district in which the principal use of land is for heavy commercial establishments and non...
General categoryINDUSTRIAL
JurisdictionBURLEIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office9.2
Locksmith8.7
Convenience Store8.5

Location

2906 Morrison Ave, Unit 1 Bismarck, ND 58504-6864
County assessor Recorded deeds · 4 transfers 8 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
211 Airport, Bismarck, ND 58504-6004 $425,000 Feb 2026 3,000 SF
1519 Continental, Bismarck, ND 58504-6942 $815,000 Jan 2026 6,372 SF
3204 Airway, Bismarck, ND 58504-7802 $926,493 Dec 2025 2,040 SF
1300 Grumman, Bismarck, ND 58504-6067 $280,000 Feb 2025 2,100 SF
2420 Airway, Bismarck, ND 58504-7801 $263,367 Jan 2025 6,072 SF
1201 Cavalry, Bismarck, ND 58504-7713 $1,000,000 Dec 2024 7,500 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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