4901 80Th StBismarck, ND 58503
- Retail properties
- 8,000 SF
Property Details for 4901 80Th St
- Year built
- 2020
- Property size (Sq ft)
- 8,000 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 32-139-79-47-01-010
- APU
- 32139794701010
Description
This exceptional 8,000-square-foot warehouse in Bismarck, North Dakota presents a unique seller leaseback opportunity. Priced at $1,800,000 ($225/SF), this industrial property boasts a highly qualified tenant, ensuring immediate cash flow for the new owner. Lease terms remain negotiable, offering flexibility for potential buyers. The property features a spacious 80' x 100' shop and an additional 700-square-foot storage building. With approximately 13.9 acres of yard space, there's ample room for expansion, laydown yards, or other uses. Conveniently located in northeast Bismarck just off I-94, the property offers easy access to major transportation routes. The property includes paved roads leading directly to the site. Annual property taxes are $6,989.07, and the Parcel ID is 32-139-79-47-01-010. Buyers are responsible for verifying zoning with Burleigh County. This is an absolute NNN lease with a single tenant. The land value is $2.97 per square foot. This turn-key investment provides a strong foundation for immediate returns and future growth potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,839,274
- 6.5%
- $1,697,792
- 7%
- $1,576,521
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,028,966
- Geo Method
- $1,028,966
-
Alternative Use
- Use
- Valuation
- Residential
- $1,432,151
- Hospitality
- $1,311,842
- Educational
- $1,091,437
- Medical
- $1,128,974
- Retail
- $1,697,792
Location Insight
- City
- Bismarck
- County
- Burleigh
- State
- North Dakota
- Latitude
- 46.8586
- Longitude
- -100.665
- CBSA code
- 13900
- CBSA name
- BISMARCK, ND METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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