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Property profile & analytics
OFF-MARKET Estimated value $1,010,000
Retail space

1222 22nd St Bismarck, ND 58504-6805

7,460 SF 0.84 ac lot Built 1997
Entity Owned 5-yr Hold Free & Clear
Property ID
US56-0486062
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Total area 7,460 SF
Lot 0.84 ac (36,503 SF)
Zoning code MA
APN 0768-001-040
UPID US56-0486062
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
$1.34M
Blend (final) Blend
$1.01M
Owner & transaction history
Gh Properties LLC · 5 yrs held
Gh Properties LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
MA · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

z. Data Center. A data center may be permitted in any MA district as a special use or any MB district as an administrative special use provided: 1. All data processing and storage is contained within a building constructed in compliance with the International Building Code and International Fire Code. 2. Written verification is submitted from the utility pro…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 3,534.34 ac
Source TABLE OF CONTENTS
Top alternative use upside
Commercial (general) $1.2M +6.8%
Industrial (general) $1.1M +3.2%
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