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Property profile & analytics
OFF-MARKET Estimated value $2,845,000
Strip malls

1120 3rd St Bismarck, ND 58501-3556

31,032 SF 2.78 ac lot Built 1959
Entity Owned 2-yr Hold Free & Clear
Property ID
US56-0134427
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1959
Total area 31,032 SF
Lot 2.78 ac (120,966 SF)
Zoning code CA
APN 0160-033-125
UPID US56-0134427
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
Current use
Occupant on record · Public records
  • Exosomes, Sermorelin Therapy, BHRT, and HRT Clinic Health Counselor
  • Roots Boutique & Salon Hair Salon
  • Plaza Hair Center Nail Salon
  • Salon M Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.28M
Blend (final) Blend
$2.85M
Owner & transaction history
Bismarck Msa Limited Partnership · 2 yrs held
Bismarck Msa Limited Partnership
since 2023
4 recorded transactions
2026
Price N/A
2026
Price N/A
2023
Price N/A
2017
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) $4.6M +8.1%
Retail stores $4.6M +6.7%
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