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Property profile & analytics
OFF-MARKET Estimated value $7,115,000
Super regional malls

1203 Century Ave Bismarck, ND 58503

57,580 SF 8.85 ac lot Built 2005
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US56-0139706
Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2005
Total area 57,580 SF
Lot 8.85 ac (385,332 SF)
Zoning code CG
APN 0756-001-075
UPID US56-0139706
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
$5.67M
Blend (final) Blend
$7.12M
Owner & transaction history
Bre Ddr Br Pinehurst Nd LLC · 11 yrs held
Bre Ddr Br Pinehurst Nd LLC
since 2014
5 recorded transactions
2016
Price N/A
2014
Price N/A
2009
Price N/A
2008
Price N/A
2008
Price N/A
Zoning & alternative use
CG · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 district to provide commerce and service to the City of Bismarck and surrounding regional market. The CG commercial district is established…

Zone name Heavy Commercial
General category COMMERCIAL
Zone area 2,214.40 ac
Source TABLE OF CONTENTS
Top alternative use upside
Retail stores $10.2M +28.1%
Commercial (general) $9.0M +14.0%
Industrial (general) $8.3M +5.2%
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