2844 Morrison AveBismarck, ND 58504

  • Industrial properties
  • 2,400 SF
For Sale
$229,000 View listing

Property Details for 2844 Morrison Ave

Year built
2015
Lot size
3.41 AC
Property size (Sq ft)
2,400 SF
Zone code
MA
Property type
Industrial properties
Property subtype
Other industrial properties
APN
1463-001-225
APU
1463001225

Description

This 1,800 square foot shop condo in Bismarck, North Dakota, presents a compelling investment opportunity. Located at 2844 Morrison Ave, Unit 6, this 2015-built property is currently leased to the F.A.A. at $1,186.18 per month until September 30, 2026. The unit features a 14' x 14' roll-up door, forced air heating with a natural gas unit heater, a trench floor drain, a restroom, and a utility sink. The interior boasts sheetrock walls with white paint, 200-amp electrical service, a paddle fan, and high-output fluorescent lighting. The dimensions are 30' x 60', and the property is zoned MA. Annual condo owner fees are $1,000. The 2023 property taxes were $2,339.10, with a special assessment balance of $518.78 and installments of $124.75. The asking price for this well-maintained property is $229,000. The tenant is responsible for gas and electricity. Showings are by appointment only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $429,645
    Hospitality
    $393,553
    Educational
    $327,431
    Medical
    $338,692
    Retail
    $509,337
2844 Morrison Ave, Bismarck, North Dakota

Location Insight

City
Bismarck
County
Burleigh
State
North Dakota
Latitude
46.7905
Longitude
-100.748
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
$3,614
$11,600
$121,100
$132,700
-
$23,200
$242,200
$265,400

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