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    OFF-MARKET Estimated value $2,170,000
    Strip malls

    4401 Coleman St, Bismarck, ND 58503-1370

    17,980 SF 2.01 ac lot Built 2014
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US56-0489114
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bismarck Dentistry Dental Office
    • Elite Eye Care Physician
    • H&R Block Tax Preparation
    • Nothing Bundt Cakes Bakery Specialty Food Shop
    • Mr. Biron Baker Pediatrician Physician
    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
    Copper Ridge Development Group LLP · 11 yrs held
    Copper Ridge Development Group LLP
    since 2014
    3 recorded transactions
    2021
    2014
    $987,000
    2014
    Zoning & alternative use
    CG · Bismarck, ND
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $3.2M +28.1%
    Commercial (general) $2.8M +14.0%
    Industrial (general) $2.6M +5.2%
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