501 AirportBismarck, ND 58504

  • Retail properties
  • 24,150 SF
Off market
$15,970,050 Estimated

Property Details for 501 Airport

Year built
1994
Lot size
1.59 AC
Property size (Sq ft)
24,150 SF
Zone code
MA
Property type
Retail properties
Property subtype
Retail space
APN
0273-001-050
APU
273001050

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,552,308
    6.5%
    $5,125,208
    7%
    $4,759,122
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,106,192
    Geo Method
    $3,106,192
  • Alternative Use

    Use
    Valuation
    Residential
    $4,323,305
    Hospitality
    $3,960,124
    Educational
    $3,294,776
    Medical
    $3,408,089
    Retail
    $5,125,208
501 Airport, Bismarck, North Dakota

Location Insight

City
Bismarck
County
Burleigh
State
North Dakota
Latitude
46.8012
Longitude
-100.762
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
$24,256
$157,200
$776,100
$933,300
-
$314,400
$1,552,200
$1,866,600

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