2008 12th St Bismarck, ND 58501-1905
This exceptional retail property, located at 2008 N 12th St in Bismarck, North Dakota, offers a prime opportunity for businesses seeking high visibility and strong foot traffic. The property boasts a total building size of 3,447 square feet, with 1,650 square feet currently available for lease. Situated on a generous 24,080 square foot lot, this street retail space benefits from excellent signage opportunities, ensuring maximum brand exposure. Built in 1969, the building is zoned CG and features multiple tenancies. The property's location on a high-traffic street provides unparalleled visibility and accessibility for customers. The estimated Net Net Net (NNN) rent is $4.00 per square foot. The property's APN is 0160-028-255, and it is located in Burleigh County, North Dakota, with a zip code of 58501. A lease application may be required. Interested parties should inquire for showing instructions. This is an ideal location for a variety of retail businesses seeking a prominent presence in a thriving Bismarck community.
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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
CG · Bismarck, ND14-04-12. 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 to promote the general purpose of this article, the specific intent of this section is: a. To encourage the continued expansion of the commercial facilities within the city without creating increased vehicular congestion in the existing central business district. b. To provide an orderly and comprehensive expansion of commercial services within the city. c. To prevent commercial encroachment on existing residential districts. d. To encourage the development of a conveniently arranged district offering a broad range of commercial and professional services in a relaxed atmosphere and in an area where adequate off-street parking will be provided. 2. Uses permitted. The following uses are permitted: a. A single- or two -family dwelling when used in conjunction with a commercial use. b. Multifamily dwelling. c. Group dwelling. d. Multifamily high rise. e. Hotel-motel. f. Retail group A. g. Service group A. h. Office-bank group. i. Retail group B. j. Service group B. k. Commercial recreation group. Title 14 & 14.1 198 l. Wholesale group. m. Health-medical group. n. Education group. o. Public recreation group. p. Railroad or bus passenger station. q. Commercial greenhouse. r. Commercial parking lot. s. Religious institution. t. Microbrew pub. u. Domestic distillery. v. Animal services, non-veterinary - class 1. The following uses are allowed as special uses pursuant to Section 14- 03-08 hereof: a. Temporary Christmas tree sales. b. Temporary religious meetings. c. Temporary farm and garden produce sales. d. Seasonal nursery and bedding stock sales. e. Filling station. f. Drive-in retail or service establishment. g. Child care center. h. Veterinary services - small animals. i. Golf driving range. j. Auto laundry - car wash. k. Retail liquor sales. l. Animal services, non-veterinary - class 2 (administrative). Title 14 & 14.1 199 3. Lot area. Any permitted principal building or structure, together with its accessory buildings shall be located on a lot having an area of not less than seven thousand (7,000) square feet. Provided, however, that such building and accessory buildings may be located on a lot containing not less than five thousand (5,000) square feet if such lot is on a plat recorded prior to 1953.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
