3204 Airway AveBismarck, ND 58504

  • Industrial properties
  • 3.33 AC
For Lease
$9/SF/YR View listing

Property Details for 3204 Airway Ave

Year built
2022
Lot size
3.33 AC
Zone code
MA
Property type
Industrial properties
Property subtype
Flex space
APN
1463-003-300
APU
1463003300

Description

This exceptional retail condo unit, located in south Bismarck near Sam's Club and Walmart, offers 1,980 to 2,040 square feet of customizable space. The unit boasts 16-foot sidewalls, a 14x14 overhead door with remote and WiFi capabilities, energy-efficient radiant heat, hot and cold water, a trench floor drain, and robust 220A-220v 3-phase electrical power. Convenient front and rear service doors facilitate efficient business operations. Ample parking is provided with 137 spaces in the development. The interior includes a front office with a PTAC heating and A/C unit, a bathroom equipped with a toilet, sink, and a 50-gallon water heater. Lighted exterior space is available for prominent signage. The property is part of an association that manages snow removal, water, sewer, exterior maintenance, and exterior insurance. Estimated annual association fees are $0.50 per square foot. Lease terms are available at $9.00 per square foot NNN, with the tenant responsible for association fees, annual taxes, annual special installments, and utilities. Taxes and special assessments require verification. Units can be combined, with sizes ranging from 1,980 to 2,040 square feet. Construction was completed starting Winter 2022. Note that photos depict both completed and in-progress units. This is a truly remarkable opportunity for a business seeking a high-traffic, well-maintained location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $25,959,700
    Hospitality
    $23,778,946
    Educational
    $19,783,804
    Medical
    $20,464,198
    Retail
    $30,774,806
3204 Airway Ave, Bismarck, North Dakota

Location Insight

City
Bismarck
County
Burleigh
State
North Dakota
Latitude
46.7733
Longitude
-100.759
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
-
-
-
-
-
-
-
-

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