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Property profile & analytics
OFF-MARKET Estimated value $1,390,000
Strip malls

1300 Lasalle Dr Bismarck, ND 58503-5716

8,995 SF 5.18 ac lot Built 2018
Entity Owned 10-yr Hold Free & Clear
Property ID
US56-0262132
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2018
Total area 8,995 SF
Lot 5.18 ac (225,510 SF)
Zoning code CG
APN 2155-001-001
UPID US56-0262132
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
  • T-Mobile Mobile Phone Store Electronics & Wireless Store
  • Motto Clear Aligners Dental Office
  • Aspen Dental - Bismarck, ND Dental Office
  • Dr. Krista Johnson Dental Office
  • Dr. Kathryn Schneibel Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.66M
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$1.39M
Owner & transaction history
Lasalle Shopping Center LLC · 10 yrs held
Lasalle Shopping Center LLC
since 2016
2 recorded transactions
2016
Price N/A
2014
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 $1.6M +28.1%
Commercial (general) $1.4M +14.0%
Industrial (general) $1.3M +5.2%
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