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Property profile & analytics
FOR LEASE
Strip malls

1929 N Washington St Bismarck, ND 58501

84,230 SF 7.33 ac lot Built 1962
Individually Owned Free & Clear
Property ID
US56-0257448
Property summary
AI-generated overview

This exceptional 1.86-acre commercial lot, located at 1929 N Washington St in Bismarck, North Dakota, presents a unique development opportunity. Situated in a high-traffic area with 14,435 vehicles passing daily, this property boasts excellent visibility and accessibility. Its adjacency to the Northbrook Professional Center and convenient access from I-94 ensure high exposure and ease of access for potential businesses. The lot is zoned CA and is suitable for buildings ranging from 1,000 to 15,000 square feet. The seller is open to build-to-suit options and will collaborate with developers or end-users to determine the optimal building design and concept, accommodating various uses such as office, retail, or outdoor service businesses. This flexible approach allows for tailored solutions to meet specific business needs. City approvals are required. Ample parking is available. This property offers a compelling investment prospect for those seeking a prime location in a thriving Bismarck commercial district.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1962
Total area 84,230 SF
Lot 7.33 ac (319,164 SF)
Zoning code CA
APN 0460-013-050
UPID US56-0257448
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
  • Dakota Manufacturing Ext County Government Office Manufacturer
  • Universal Athletic (Bike/Boat/Book/etc) Store
  • North Dakota State Electrical Board State Government Office
  • Gilchrist Dental Dental Office
  • Midtown Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.92M
Blend (final) Blend
$7.18M
Owner & transaction history
NORTHBROOK
NORTHBROOK
Zoning & alternative use
CA · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. Portable storage c ontainers are allowed in the CA and CG Commercial Zoning Districts for the purpose of storage of seasonal merchandise during the following time periods: November 1 through January 15, and April 1 through June 15. d. Portable storage containers - other requirements in non- industrial zoning districts. Container usage in any non- industri…

Zone name Commercial Neighborhood
General category COMMERCIAL
Zone area 312.13 ac
Source TABLE OF CONTENTS
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