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Property profile

601 Channel Dr Bismarck, ND 58501

OFF-MARKET
Flex space
Property ID
US56-0198144
8,800 SF 1.06 ac lot Built 2006
Last sale May 2013 · $1,155,998
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Bismarck, North Dakota commercial property at 601 Channel Drive offers 13,600 square feet of versatile space, ideal for a variety of businesses. Built in 2006, the property features a two-story building situated on a 45,949 square foot lot. The layout includes 6,800 square feet of office space, complemented by a 1,600 square foot mezzanine, providing ample room for administration and operations. A substantial 5,200 square foot heated shop area boasts impressive 24-foot…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value$818k
Assessed land$82k
Assessed improvement$736k
Effective rate2.60%

Value estimate

· Nov 2026
$480k
$432k – $528k
CAP approach$580k
Submarket $/SF estimate$1.09M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$114/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$71 – $162
Qualifying comparables6

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?
MA
The MA industrial district is established as a district in which the principal use of land is for heavy commercial establishments and non...
General categoryINDUSTRIAL
JurisdictionBURLEIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.2
Restaurant16.9
Dental Office14.6

Location

601 Channel Dr Bismarck, ND 58501-7757
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
218 26th, Bismarck, ND 58501-5023 $1,400,000 Jan 2025 9,520 SF
2903 Broadway, Bismarck, ND 58501-5114 $943,000 Nov 2022 8,726 SF
1125 Main, Bismarck, ND 58501-4575 $299,000 Feb 2022 7,200 SF
1721 Battalion, Bismarck, ND 58501 $103,173 May 2021 10,500 SF
3124 Broadway, Bismarck, ND 58501 $105,000 Feb 2021 7,500 SF
1911 Revere, Bismarck, ND 58501-7944 $850,000 Dec 2020 10,758 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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