Property profile

1021 Washington St Bismarck, ND 58504

OFF-MARKET
Retail space
Property ID
US56-0115219
3,200 SF 1.32 ac lot Built 1986
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail property, located at 1021 S Washington Street in Bismarck, North Dakota, offers 3,149 square feet of single-tenant space. Situated on a substantial 57,385 square foot lot at the highly visible corner of Washington and Expressway, this property benefits from significant traffic flow and convenient access to major distribution routes. Built in 1986, the single-story building features ample parking, providing excellent customer convenience. The property's zoning is CG, and its APN is 0604-016-022. The building's prominent location offers exceptional signage opportunities, maximizing visibility for any business. Previously occupied by HH Guns, this location enjoys adjacency to Jiffy Lube, further enhancing its appeal and potential for synergy. The entire 3,149 square feet is currently vacant, presenting a unique opportunity for a business seeking a high-traffic, easily accessible location in a thriving South Bismarck area. This property is ideal for a variety of retail uses and offers a strong foundation for future success. The property's size and location make it a compelling investment opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Total area 3,200 SF
Lot 1.32 ac (57,369 SF)
Zoning code CG
APN 0604-016-022
UPID US56-0115219

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gun Shop

Location

1021 Washington St Bismarck, ND 58504-6262
Bismarck metro Census 10700 BISMARCK, ND METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

Zoning & alternative use

CG · Bismarck, ND
Zoning description

14-04-12. CG Commercial District . In any CG commercial district , the following regulations shall apply: 1. General description. The CG commercial district is a heavy commercial area located outside the central business…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1021 Washington St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message