Financial
Distress signals
Property profile

2700 State St Bismarck, ND 58503

FOR LEASE
Super regional malls
Property ID
US56-0196735
25.59 ac lot Built 1978
Last sale Nov 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Gateway Mall, located at 2700 State St, Bismarck, ND 58501, presents a unique investment opportunity. This single-story, 355,745 square foot shopping center, built in 1978, sits on a substantial 1,114,736 square foot lot. The property is zoned CG - Commercial and offers multiple tenancy options, ideal for a variety of businesses. Its prime location in the heart of Bismarck ensures high visibility and accessibility for potential customers. The building's versatile layout accommodates a range

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$163k
Tax billed · 2023
Assessed value$5.44M
Assessed land$3.22M
Assessed improvement$2.22M
Effective rate2.99%

Value estimate

· Sep 2026
$735k
$662k – $809k
AI approach$735k
NOI build-up
Gross scheduled income$1.52M
Vacancy & credit loss−$39k
Operating expenses−$443k
NOI · 8,617,950.00% cap applied$1.03M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$138/SF
County average, outlier-cleaned · 15 recorded sales of this use type
Observed band · Q1–Q3$106 – $259

Cap rate analysis

How does the asset earn?
8,617,950.00%
$1.03M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CG
The CG commercial district is a heavy commercial area located outside the central business district to provide commerce and service to th...
General categoryCOMMERCIAL
JurisdictionBURLEIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply30.2
Wholesale Shop25.3
Auto Repair Shop24.1

Location

2700 State St Bismarck, ND 58503
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6901 Aurora St, Bismarck, ND 58503-6231 $170,000 Oct 2024 1,248 SF
7300 Yukon, Bismarck, ND 58503-9777 $105,000 May 2024 700 SF
6921 Aurora St, Bismarck, ND 58503-6231 $195,000 May 2024 1,200 SF
7324 Yukon Dr, Bismarck, ND 58503-9804 $265,000 Apr 2024 1,800 SF
7308 Yukon, Bismarck, ND 58503-9777 $138,438 May 2023 1,600 SF
7316 Yukon Dr, Bismarck, ND 58503-9790 $155,000 Feb 2022 1,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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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