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Property profile & analytics
OFF-MARKET Estimated value $710,000
Retail space

404 Airport Rd Bismarck, ND 58504-6105

6,480 SF 0.45 ac lot Built 1971
Entity Owned 6-yr Hold Free & Clear
Property ID
US56-0726858
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1971
Total area 6,480 SF
Lot 0.45 ac (19,776 SF)
Zoning code MA
APN 0274-001-100
UPID US56-0726858
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
  • Aid Inc Self Help Center - Food Distribution Center Food Bank Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$769k
Blend (final) Blend
$710k
Owner & transaction history
Extreme Developments LLC · 6 yrs held
Extreme Developments LLC
since 2019
4 recorded transactions
2019
Price N/A
2019
Price N/A
2015
Price N/A
2011
Price N/A
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
Source TABLE OF CONTENTS
Top alternative use upside
Commercial (general) $1.0M +6.8%
Industrial (general) $980,000 +3.2%
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