Property profile

501 Main Ave Bismarck, ND 58501

OFF-MARKET
Office Spaces
Property ID
US56-0356621
25,410 SF 0.62 ac lot Built 1945
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1945
Total area 25,410 SF
Lot 0.62 ac (27,152 SF)
Zoning code DC
APN 0001-012-000
UPID US56-0356621

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Marketing & Advertising Advertising Agency
  • Landscaping General Contractor

Location

501 Main Ave Bismarck, ND 58501-4419
Bismarck metro Census 10100 BISMARCK, ND METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2020
Last sale
$375,000
4 recorded transactions
2020
$375,000
2016
Price N/A
2016
Price N/A
2007
Price N/A

Zoning & alternative use

DC · Bismarck, ND
Zoning description

commercial message. The following provisions must be met only in the DC - Downtown Core and DF - Downtown Fringe zoning districts: i. All Downtown Design Review procedures shall be followed for any installation of public…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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