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    OFF-MARKET
    Commercial real estate

    928 Summit Blvd, Bismarck, ND 58504

    1,440 SF 0.19 ac lot Built 1948
    Property ID
    US56-0455654
    Property summary
    AI-generated overview

    Exceptional investment opportunity: a charming two-unit apartment building located at 928 Summit Boulevard in Bismarck, North Dakota. This 1,440 square foot duplex, built in 1948, sits on a 0.19-acre lot (58' x 142') and boasts alley access, providing ample space for potential garage construction. The property is zoned R10 and features two units, currently rented at $700 and $575 per month respectively. One unit offers two bedrooms upstairs, while the other has one bedroom downstairs. The property is conveniently located in west Bismarck, north of Memorial Highway, near the Bank of North Dakota and within close proximity to the Missouri River and Riverside Parks, offering residents access to numerous trails and outdoor recreational activities. The property is being sold "AS IS". 2023 property taxes totaled $1,733.27, with special installments of $419 and a balance of $1,970.70. The APN is 0150-007-085. Prospective buyers must be pre-qualified before scheduling a showing, providing 48-hour notice. Showings are available weekdays between 8 am and 5 pm.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1948
    Total area 1,440 SF
    Lot 0.19 ac (8,276 SF)
    APN 0150-007-085
    UPID US56-0455654
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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