Property profile

2306 Clydesdale Dr Bismarck, ND 58503

FOR LEASE
Strip malls
Property ID
US56-0604048
12,248 SF 0.95 ac lot Built 2005
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This 12,248 square foot retail property, built in 2005, is situated at 2306 Clydesdale Drive in Bismarck, North Dakota, zip code 58503. The property is zoned CG and located in Burleigh County. It's part of the Pinehurst Square Retail Center, conveniently situated near Exit 157 off Interstate 94, at the entrance to Lowe's. The property offers multiple tenancy options with two available spaces totaling 6,100 square feet of vacant space. Individual spaces range from a minimum of 1,100 square feet to a maximum contiguous space of 6,100 square feet. The entire building encompasses 12,248 square feet, situated on a 41,397 square foot lot. This high-traffic area boasts a mix of national retailers, medical facilities, hospitality businesses, and food service establishments, all within a thriving residential district characterized by high household incomes. The property offers excellent visibility and presents a unique opportunity for businesses seeking a prominent location. The estimated Net, Net, Net (NNN) rent is $6 per square foot.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 12,248 SF
Lot 0.95 ac (41,397 SF)
Zoning code CG
APN 0937-001-010
UPID US56-0604048

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Pharmacy
  • Electronics & Wireless Store

Location

2306 Clydesdale Dr Bismarck, ND 58503
Bismarck metro Census 11103 BISMARCK, ND METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.78M
Blend (final) Blend
$565k

Owner & transaction history

since 2026
5 recorded transactions
2026
Price N/A
2025
Price N/A
2022
Price N/A
2006
$763,000
2005
Price N/A

Zoning & alternative use

CG · Bismarck, ND
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…

General category COMMERCIAL
Top alternative use upside
Retail stores $2.2M +28.1%
Commercial (general) $1.9M +14.0%
Industrial (general) $1.8M +5.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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