4901 80Th StBismarck, ND 58503

  • Retail properties
  • 8,000 SF
For Sale
$1,800,000 View listing

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
4901 80Th St, Bismarck, North Dakota

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,764
-
-
$458,700
-
-
-
$917,400

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