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Property profile & analytics
OFF-MARKET Estimated value $740,000
Auto shops

5216 Ottawa Ave Bismarck, ND 58503-6580

7,717 SF 0.87 ac lot Built 2019
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US56-0598493
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2019
Total area 7,717 SF
Lot 0.87 ac (37,830 SF)
Zoning code CG
APN 1585-002-300
UPID US56-0598493
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.00M
Blend (final) Blend
$740k
Owner & transaction history
Jaxon Jaeger Rental LLC · 7 yrs held
Jaxon Jaeger Rental LLC
since 2019
5 recorded transactions
2022
Price N/A
2019
Price N/A
2019
Price N/A
2017
Price N/A
2014
Price N/A
Zoning & alternative use
CG · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

14-04-12. CG Commercial District . In any CG commercial district , the following regulations shall apply: 1. General description. The CG commercial district is a heavy commercial area located outside the central business district to provide commerce and service to the City of Bismarck and surrounding regional market. The CG commercial district is established…

Zone name Heavy Commercial
General category COMMERCIAL
Zone area 2,214.40 ac
Source TABLE OF CONTENTS
Top alternative use upside
Retail stores $1.0M +55.1%
Restaurant $705,000 +9.1%
Medical building $670,000 +3.8%
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