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Property profile & analytics
OFF-MARKET Estimated value $3,175,000
Flex space

701 Channel Dr Bismarck, ND 58501-7706

48,139 SF 5.33 ac lot Built 1979
Entity Owned Absentee Owner Free & Clear
Property ID
US56-0362232
Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1979
Total area 48,139 SF
Lot 5.33 ac (232,175 SF)
Zoning code MA
APN 0776-000-065
UPID US56-0362232
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
Current use
Occupant on record · Public records
  • Viking Automatic Sprinkler Co. General Contractor Security Service
  • Tenet Building Supply Industrial Manufacturer
  • Industrial Contractors General Contractor Construction Company
  • API Construction General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.17M
Comparable Approach Comparable
$3.47M
Blend (final) Blend
$3.18M
Owner & transaction history
A P I, INC
A P I, INC
Zoning & alternative use
MA · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

z. Data Center. A data center may be permitted in any MA district as a special use or any MB district as an administrative special use provided: 1. All data processing and storage is contained within a building constructed in compliance with the International Building Code and International Fire Code. 2. Written verification is submitted from the utility pro…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 3,534.34 ac
Source TABLE OF CONTENTS
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