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Financial
Distress signals
Property profile

400 East Broadway Ave Bismarck, ND 58501

FOR SALE
Banks
Property ID
US56-0530387
99,216 SF 0.96 ac lot Built 1976
Last sale May 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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400 East Broadway Ave, Bismarck, ND 58501 For Sale
Contact for pricing 99,216 SF
400 East Broadway Ave, Bismarck, ND 58501
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Property summary

AI-generated overview

The Grand Pacific Center, a seven-story downtown Bismarck landmark at the corner of N 4th St and Broadway Ave, offers exceptional full-service office suites. This modern building boasts an updated lobby, two elevators, and in-suite janitorial services. Tenants enjoy convenient amenities including restrooms on each floor, a shared break room, and a shared conference room located on the third floor. A gym with sauna and showers is also available for tenant use. Lease rates range from $12.00…

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?
$91k
Tax billed · 2023
Assessed value$3.27M
Assessed land$322k
Assessed improvement$2.94M
Effective rate2.77%

Value estimate

· Oct 2026
$2.64M
$2.38M – $2.90M
NOI build-up
Gross scheduled income$223k
Vacancy & credit loss−$17k
Operating expenses−$92k
NOI · 3.76% cap applied$113k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3.76%
$113k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DC
The purpose of the Downtown Core District is to preserve and enhance the mixed-use, pedestrian-oriented nature of the City downtown area
General categoryMIXED_USE
JurisdictionBURLEIGH

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.1
Storage Facility10.8
Locksmith9.5

Location

400 East Broadway Ave Bismarck, ND 58501
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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
112 5th, Bismarck, ND 58501-4084 $1,000,000 Aug 2024 28,000 SF
2306 Broadway, Bismarck, ND 58501-4932 $600,000 Apr 2023 9,800 SF
1503 Broadway, Bismarck, ND 58501-4667 $1,880,000 Jul 2022 15,625 SF
402 Main, Bismarck, ND 58501-4091 $3,000,000 Jun 2022 25,550 SF
1190 Tpke, Bismarck, ND 58501-1300 $5,400,000 May 2022 55,629 SF
1806 12th, Bismarck, ND 58501-1979 $2,442,750 Aug 2020 22,438 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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