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Property profile & analytics
OFF-MARKET Estimated value $2,235,000
Retail space

1503 Broadway Ave Bismarck, ND 58501-4667

15,625 SF 0.79 ac lot Built 1996
Entity Owned 4-yr Hold Free & Clear
Property ID
US56-0635305
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1996
Total area 15,625 SF
Lot 0.79 ac (34,498 SF)
Zoning code MA
APN 0010-016-005
UPID US56-0635305
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
  • Custom Truck Equipment of ND Auto Parts Store
  • Floor To Ceiling Bismarck Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.90M
CAP Approach CAP
$3.11M
Comparable Approach Comparable
$1.90M
Blend (final) Blend
$2.24M
Owner & transaction history
Sioux Falls INC · 4 yrs held
Sioux Falls INC
since 2022
Last sale
$1.9M
3 recorded transactions
2022
$1.9M
2022
Price N/A
2016
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) $2.3M +1.3%
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