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Property profile & analytics

301 Main Ave Bismarck, ND 58501

  • Retail space
  • 34,840 SF
  • 0.39 lot acres
Value Estimation
$845,000
Location Intelligence
Property ID
US56-0139750
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 301 Main Ave

Year built
1895
Lot size
0.39 lot acres
Property size
34,840 SF
Zone code
DC
Property type
Retail space
APN
0001-008-000
APU
1008000

Description

This exceptional office property, located at 301 E Main Avenue in the heart of Bismarck, North Dakota, offers a total of 3,985 square feet of versatile traditional office space. Currently available for lease, the property is ideal for a single tenant seeking a substantial footprint or multiple tenants looking for smaller, individual suites. The building provides ample parking with 10 spaces conveniently located for employees and clients. The address, 301 E Main Ave, Bismarck, ND 58501, places the property in a highly visible and accessible downtown location, offering excellent exposure and easy access to local amenities and transportation. The flexible layout allows for customization to suit various business needs, making it an attractive option for a range of professional services. The 3,985 square feet can be leased as a whole or divided into smaller, independent office spaces, providing scalability and adaptability for growing businesses. This presents a unique opportunity to secure prime office space in a thriving downtown Bismarck setting. The property is classified as a traditional office building, offering a classic and professional atmosphere. Tenancy is multiple, allowing for diverse occupancy arrangements. Interested parties are encouraged to inquire about lease terms and availability.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $840,000
  • CAP approach

    CAP return
    Estimation
    6%
    $845,000
    6.5%
    $835,000
    7%
    $790,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $945,000
    Geo Method
    $980,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $990,000
    Retail
    $965,000
    Mixed-Use
    $820,000
    Hospitality
    $890,000
    Educational
    $875,000
    Residential Income
    $1,030,000
    Energy
    $990,000
    Income-Based Land
    $1,000,000
    Food Service
    $950,000

Location Insight

  • Map
  • Local Demand
City
Bismarck
County
Burleigh
State
North Dakota
Longitude
-100.787
Latitude
46.8052
CBSA code
13900
CBSA name
BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,520
$130,700
$735,800
$866,500
-
$261,400
$1,471,600
$1,733,000
More about this property
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