Bismarck, ND
Commercial Real Estate Market Trends & Data

$199 Avg asking sale price
$2,743 Avg asking lease rate
8,591 SF Avg unit lease size
22,478 SF Avg building size for sale
6.53% Average cap rate

Bismarck's Demographic Profile

Bismarck has 32,693 households and a median income of $65,799, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 75,942
# Households 32,693
Median age 40
Median household income $65,799
Avg household size 2.0
Renter-occupied housing units 12,056
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Bismarck, ND

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Nearby Retail Markets Avg Cost/SF Typical Size
Bismarck $295 3,424 SF
Mandan $210 1,875 SF
Beulah $104 12,500 SF
Velva $97 696 SF
Jamestown $90 18,427 SF

Commercial Properties For Sale in Bismarck

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Prime Development Land & Hwy 1804 Frontage

Bismarck, ND 58504

  • 50.95 AC Lot
  • 1 Commercial Lot
  • $698,000
For Sale

3102 Yorktown Dr

Bismarck, ND 58503

  • 3,788 SF Retail Building
  • 6.00% Cap Rate
  • $1,584,053
For Sale

TBD US HIGHWAY 83

Bismarck, ND 58503

  • 108.36 AC Lot
  • 1 Commercial Lot
  • $2,700,000
For Sale

107 Buckskin Ave

Bismarck, ND 58503

  • 1.27 AC Lot
  • 1 Commercial Lot
  • $661,404
For Sale

Absolute NNN Lease - Backed by Freddy's

Bismarck, ND 58503

  • 2,852 SF Retail Building
  • 5.37% Cap Rate
  • $2,700,000
For Sale

4314 Centurion Dr

Bismarck, ND 58504

  • 20,705 SF Industrial Building
  • $2,500,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Bismarck pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Bismarck $199 22,478 SF
Lincoln $130 45,507 SF
Mandan $182 4,251 SF
Flasher $29 4,077 SF

Regional Demographic Comparison

This comparison places Bismarck alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Bismarck or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Bismarck 75,942 32,693 40 $65,799 2 12,056 3%
Lincoln 4,284 1,452 34 $93,234 3 69 1%
Mandan 26,040 10,960 38 $77,511 2 3,679 4%
Baldwin 930 356 46 $87,109 3 30 3%
Flasher 329 129 42 $58,124 3 14 -4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Bismarck, ND and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Bismarck

View All Commercial Real Estate For Sale in Bismarck
Is Bismarck a good market for a first-time commercial real estate investor?

Bismarck offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Bismarck?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Bismarck. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Bismarck?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Bismarck. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Bismarck compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Bismarck. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Bismarck acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Bismarck, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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