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Property profile & analytics

510 Main Ave Bismarck, ND 58501

  • Retail space
  • 29,064 SF
  • 0.22 lot acres
Value Estimation
Location Intelligence
Property ID
US56-0428639
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

  • India clay oven bar and grill / Indian Restaurant / Restaurant
  • Red Eye Casino / Event Venue / Bar
  • Greater North Dakota Chamber / Chamber Of Commerce
  • Beauty Renew LLC / Beauty Salon / Dermatologist
  • LÜFT Rooftop Bar / Bar / Cocktail Bar

Property Details for 510 Main Ave

Year built
2012
Lot size
0.22 lot acres
Property size
29,064 SF
Zone code
DC
Property type
Retail space
APN
0001-046-015
APU
1046015

Description

This exceptional four-story building, constructed in 2012, offers 29,064 square feet of versatile office and retail space in the vibrant Downtown Bismarck submarket. Located at 510 E Main Avenue, Bismarck, ND 58501, this property boasts a coveted location within the Gulch Block, benefiting from excellent visibility and accessibility. The building's zoning is DC - Downtown Core, reflecting its prime position in the city center. The space is available for multiple tenants, providing flexibility for various business needs. Modern amenities include a single elevator for convenient access to all four floors. The building's architectural style caters to both creative office and traditional office users, making it an ideal choice for a diverse range of businesses. Its location in the heart of Downtown Bismarck ensures high foot traffic and proximity to numerous amenities, including restaurants, shops, and other businesses. This unique property presents a rare opportunity to establish a presence in one of Bismarck's most desirable commercial areas. The building's 2012 construction ensures modern infrastructure and efficient layouts, ready to accommodate a variety of business operations. Its central location and versatile space make it an attractive option for businesses seeking a prominent and functional location in the heart of Bismarck's thriving downtown. The building's design and location combine to create a highly desirable and productive work environment.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $885,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,120,000
    6.5%
    $1,095,000
    7%
    $1,135,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,155,000
    Geo Method
    $1,070,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,165,000
    Retail
    $1,035,000
    Mixed-Use
    $1,125,000
    Hospitality
    $1,165,000
    Educational
    $1,005,000
    Residential Income
    $1,025,000
    Energy
    $1,125,000
    Income-Based Land
    $1,040,000
    Food Service
    $1,195,000

Location Insight

  • Map
  • Local Demand
City
Bismarck
County
Burleigh
State
North Dakota
Longitude
-100.784
Latitude
46.8057
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
$45,134
$76,750
$1,659,850
$1,736,600
-
$153,500
$3,319,700
$3,473,200
More about this property
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