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Property profile & analytics
OFF-MARKET Estimated value $1,120,000
Strip malls

1001 Washington St Bismarck, ND 58504

6,588 SF 1.32 ac lot Built 1985
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US56-0529741
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 6,588 SF
Lot 1.32 ac (57,369 SF)
Zoning code PUD
APN 0604-016-015
UPID US56-0529741
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.22M
Comparable Approach Comparable
$907k
Blend (final) Blend
$1.12M
Owner & transaction history
Hellman And Company LLC · 3 yrs held
Hellman And Company LLC
since 2023
Last sale
$1.1M
2 recorded transactions
2023
$1.1M
2009
Price N/A
Zoning & alternative use
PUD · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Planned unit development (PUD): A form of development usually characterized by a unified site design for a number of housing units, clustered buildings and providing common space, density increases, and a mix of building types and land acres. Plat: Any subdivision platted pursuant to Chapter 40-50 NDCC. Plat of I rregular Description: A plat made for taxatio…

Zone name Planned Unit Development
General category PLANNED_DEVELOPMENT
Zone area 895.51 ac
Source TABLE OF CONTENTS
Top alternative use upside
Commercial (general) $1.0M +14.0%
Industrial (general) $1.0M +10.1%
Retail stores $970,000 +6.7%
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