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Property profile & analytics

3228 Airway Ave, Unit 1 Bismarck, ND 58504-7802

  • Industrial properties
  • 2,010 SF
  • 3.33 lot acres
OFF-MARKET
Last Sale
Jun 23, 2023
$283,140
Value Estimations
$340,000
Show details
Cap Rate Potential
2.3%
Industrial properties
Location Intelligence
Property ID
US56-0003041
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

  • Industrial properties

Property Details for 3228 Airway Ave

Year built
2023
Lot size
3.33 lot acres
Property size
2,010 SF
Zone code
MA
Property type
Industrial properties
APN
1463-003-323
APU
1463003323

Description

This exceptional 2,010 square foot end-unit shop/condo, completed in 2023, is ideally situated in South Bismarck, offering convenient access to the Bismarck Expressway and I-94. The unit boasts 16-foot sidewalls and a 14x14-foot overhead door with remote opener, perfect for various commercial uses. Two power vents ensure excellent ventilation, while a half bath and a 50-gallon water heater add convenience. Energy-efficient radiant heat keeps the space comfortable, complemented by a hot and cold water trench floor drain. The interior features finished and painted walls, ready for immediate occupancy. Electrical service is robust, with a 200A - 208V 3-phase panel, including four 3-phase plugs and a dedicated welder's plug in the office area. Six Cat6 Ethernet ports are strategically located throughout the building, providing excellent network connectivity. The office space is further enhanced with individual A/C and heat controls. The property sits on a 0.05-acre lot. The homeowner's association provides snow removal, water, sewer, exterior maintenance, and exterior insurance, minimizing ongoing maintenance responsibilities. Previously utilized as a data center, this property is Midco Fiber ready, offering significant advantages for businesses requiring high-speed internet connectivity. Priced at $289,900 or available for lease at $1,700 per month.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $370,000
    ML approach
    $355,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $255,000
    Market price range: $256k - $392k
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $305,000
    Current use
    COMMERCIAL (GENERAL)
    $315,000
    Change: +3% Conversion: Difficult
    RETAIL STORES
    $295,000
    Change: -3% Conversion: Moderate
    NEIGHBORHOOD: SHOPPING CENTER
    $275,000
    Change: -9% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Bismarck
County
Burleigh
State
North Dakota
Longitude
-100.743
Latitude
46.7887
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
$528
$12,250
$0.00
$12,250
-
$24,500
$0.00
$24,500
More about this property
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