1414 Interstate Loop Bismarck, ND 58503
- Retail space
- 9,900 SF
- 0.83 lot acres
Current Use by Public Records
- P50 Athletics / Fitness Center
Property Details for 1414 Interstate Loop
- Year built
- 1975
- Lot size
- 0.83 lot acres
- Property size
- 9,900 SF
- Zone code
- CG
- Property type
- Retail space
- APN
- 0650-001-045
- APU
- 650001045
Description
This Bismarck, North Dakota industrial property, located at 1414 Interstate Loop (APN 0650-001-045), offers a unique blend of showroom and warehouse space, ideal for various businesses. The single-story, 9,900 square foot building sits on a 35,999 square foot lot and was built in 1975. The warehouse features a 14-foot sidewall height, 12-foot clear height, a 12x10 overhead door, and a hot and cold water sink. A small office and ample parking are also included. The showroom boasts an open floor plan with support columns, a drop grid ceiling with strip lights, and is fully heated and cooled. Three-phase power is available. The property is zoned CG. 2023 property taxes totaled $12,952.11. The asking price is $1,400,000 ($141.41/sq ft). This property is conveniently located near State Street and Interstate 94, adjacent to Grand Theaters, offering high visibility and accessibility. The current lease expires in May 2025. Further lease details are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $440,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $400,000
- 6.5%
- $445,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $480,000
- Geo Method
- $420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $465,000
- Retail
- $395,000
- Mixed-Use
- $375,000
- Hospitality
- $390,000
- Educational
- $345,000
- Residential Income
- $350,000
- Energy
- $420,000
- Income-Based Land
- $395,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Bismarck
- County
- Burleigh
- State
- North Dakota
- Longitude
- -100.771
- Latitude
- 46.8336
- CBSA code
- 13900
- CBSA name
- BISMARCK, ND METROPOLITAN STATISTICAL AREA