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Property profile & analytics
OFF-MARKET Estimated value $1,085,000
Strip malls

109 Century Ave Bismarck, ND 58503-0412

10,400 SF 1.07 ac lot Built 1985
Entity Owned 15-yr Hold Free & Clear
Property ID
US56-0234387
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 10,400 SF
Lot 1.07 ac (46,609 SF)
Zoning code CA
APN 0890-001-001
UPID US56-0234387
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
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.09M
Owner & transaction history
Dakota Upreit LP · 15 yrs held
Dakota Upreit LP
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
CA · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. Portable storage c ontainers are allowed in the CA and CG Commercial Zoning Districts for the purpose of storage of seasonal merchandise during the following time periods: November 1 through January 15, and April 1 through June 15. d. Portable storage containers - other requirements in non- industrial zoning districts. Container usage in any non- industri…

Zone name Commercial Neighborhood
General category COMMERCIAL
Zone area 312.13 ac
Source TABLE OF CONTENTS
Top alternative use upside
Commercial (general) $1.6M +14.0%
Industrial (general) $1.5M +5.2%
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