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Property profile & analytics
OFF-MARKET Estimated value $620,000
Retail space

120 5th St Bismarck, ND 58501-4025

5,523 SF 0.08 ac lot Built 1913
Individually Owned Free & Clear
Property ID
US56-0140164
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1913
Total area 5,523 SF
Lot 0.08 ac (3,500 SF)
Zoning code DC
APN 0001-048-005
UPID US56-0140164
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
  • Magic Photo Art Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$665k
Blend (final) Blend
$620k
Owner & transaction history
DANIEL MASSETH
DANIEL MASSETH
Zoning & alternative use
DC · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

commercial message. The following provisions must be met only in the DC - Downtown Core and DF - Downtown Fringe zoning districts: i. All Downtown Design Review procedures shall be followed for any installation of public art. ii. The public art is not installed on any side of a building directly adjacent to a public right-of-way, excluding alleys. iii. The p…

Zone name Downtown Core
General category MIXED_USE
Zone area 131.15 ac
Source TABLE OF CONTENTS
Top alternative use upside
Commercial (general) $820,000 +1.3%
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