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Property profile & analytics
FOR SALE
Strip malls

1501 Mapleton Ave Bismarck, ND 58503

9,065 SF 0.88 ac lot Built 2006
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US56-0423318
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Total area 9,065 SF
Lot 0.88 ac (38,280 SF)
Zoning code CG
APN 1540-001-001
UPID US56-0423318
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
  • Boneshaker Coffee Co. Cafe & Coffee Shop
  • FOMO 10/40 CREAMERY Grocery & Convenience Store Specialty Food Shop
  • Metcalf Archaeological Consultants Environmental Consultant
  • Melanie Marchus, REALTOR®️ - RE/MAX Capital Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.57M
Blend (final) Blend
$1.16M
Owner & transaction history
FRONTIER PRECISION INC
FRONTIER PRECISION INC
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%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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