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Property profile & analytics
OFF-MARKET
Retail space

223 18th St Bismarck, ND 58501-4741

4,095 SF 0.32 ac lot Built 1948
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US56-0517825
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Total area 4,095 SF
Lot 0.32 ac (14,000 SF)
Zoning code CG
APN 0105-013-040
UPID US56-0517825
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Terry L Davenport · 2 yrs held
Terry L Davenport
since 2024
Last sale
$450,000
1 recorded transaction
2024
$450,000
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
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