Financial
Distress signals
Property profile

515 E Broadway Ave Suites 103-106 Bismarck, ND 58501

FOR LEASE
Strip malls
Property ID
US56-0233935
42,668 SF 1.03 ac lot Built 1969
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This retail or professional space is situated on the main floor of the Parkade Building on a downtown corner between By the Batch Bakery & Eatery and Sanford Medical’s Fifth and Broadway clinic. The layout includes a large open customer area, a separate office or manager’s office with a one-way window, and a separate storage or break area that provides private employee restrooms. Customer public restrooms are available, and the space includes an exit door with alley access plus a keyed rolling

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$910k
Assessed improvement$910k
Effective rate2.60%

Value estimate

· Sep 2026
$865k
$779k – $952k
Sales comparison$4.52M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$138/SF
County average, outlier-cleaned · 15 recorded sales of this use type
Observed band · Q1–Q3$106 – $259

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop20.3
HVAC Service16.5
Storage Facility16.5

Location

515 E Broadway Ave, Unit Suites 103-106 Bismarck, ND 58501
County assessor Recorded deeds · not on file 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1114 3rd, Bismarck, ND 58501 $6,000,000 Jan 2026 18,819 SF
2100 Thayer, Bismarck, ND 58501-4953 $2,600,000 Dec 2025 15,984 SF
1819 13th, Bismarck, ND 58501 $1,600,000 Jan 2019 8,050 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?”
More about this property
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