Property profile

4401 Coleman St Bismarck, ND 58503

OFF-MARKET
Strip malls
Property ID
US56-0489114
17,980 SF 2.01 ac lot Built 2014
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,200 square foot medical office space in Bismarck, North Dakota, is ideally situated at 4401 Coleman St, Suite 107, zip code 58503. The single-tenant property offers a versatile layout perfect for a variety of medical practices. Features include three 12' x 12' treatment rooms, two 11' x 12' treatment rooms, two hand washing sinks, and a spacious 13' x 20' conference/break room. The property also includes a dedicated laboratory, ensuring functionality for various medical needs. Modern amenities such as CAT 6 data cabling and jacks are installed throughout the space. Two staff restrooms add to the convenience and efficiency of the layout. Floor-to-ceiling windows provide ample natural light, creating a welcoming atmosphere. Convenient front door parking and ample lot parking are significant advantages. Located in a high-traffic area of North Bismarck, this property offers excellent visibility and accessibility. The lease price is $20 per square foot, plus $5.00 NNN. This turnkey medical office space presents a fantastic opportunity for a growing medical practice seeking a well-equipped and strategically located facility.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2014
Total area 17,980 SF
Lot 2.01 ac (87,686 SF)
Zoning code CG
APN 1617-001-080
UPID US56-0489114

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
  • Dental Office
  • Physician
  • Tax Preparation
  • Bakery Specialty Food Shop
  • Pediatrician Physician

Location

4401 Coleman St Bismarck, ND 58503-1370
Bismarck metro Census 11105 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
$1.61M
Blend (final) Blend
$2.17M

Owner & transaction history

since 2014
3 recorded transactions
2021
Price N/A
2014
$987,000
2014
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 $3.2M +28.1%
Commercial (general) $2.8M +14.0%
Industrial (general) $2.6M +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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