Property profile

515 Main Ave Bismarck, ND 58501

OFF-MARKET
Retail space
Property ID
US56-0451895
4,326 SF 0.12 ac lot Built 1961
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1961
Total area 4,326 SF
Lot 0.12 ac (5,057 SF)
Zoning code DC
APN 0001-012-003
UPID US56-0451895

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
  • Hardware & Home Improvement Home Decor Store
  • Production Facility Textile Manufacturer
  • Cafe & Coffee Shop

Location

515 Main Ave Bismarck, ND 58501-4428
Bismarck metro Census 10100 BISMARCK, ND METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 2024
Last sale
$490,000
3 recorded transactions
2024
$490,000
2020
Price N/A
2020
$360,000

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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