Property profile

820 43rd NE Ave Bismarck, ND 58503

OFF-MARKET
Strip malls
Property ID
US56-0076406
15,909 SF 1.95 ac lot Built 2018
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail opportunity is located at 820 43rd Ave NE in Bismarck, North Dakota, within the Shoppes on 43rd. This single-story, 15,934 square foot building, constructed in 2019, offers multiple suites for lease, with a minimum divisible space of 2,153 square feet and a maximum contiguous space of 6,973 square feet. The property features a total of eight suites, providing flexibility for various retail businesses. Its convenient location in Burleigh County, just off State Street near Ace Hardware, ensures high visibility and accessibility for customers. The property's modern design and prime location make it an ideal space for businesses seeking to establish or expand their presence in the Bismarck market. This is a fantastic chance to secure a space in a thriving retail center in a rapidly growing area. The building's single-story design provides easy access and ample parking for customers and employees. The available space is perfect for a variety of retail concepts. Interested parties should inquire about lease terms.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2018
Total area 15,909 SF
Lot 1.95 ac (84,986 SF)
Zoning code CG
APN 2290-001-300
UPID US56-0076406

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
  • Restaurant
  • Bakery Take-out & Catering
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • Cycling Facility Gym & Fitness Center

Location

820 43rd NE Ave Bismarck, ND 58503-1668
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
$1.60M
Blend (final) Blend
$2.07M

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2018
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 $2.8M +28.1%
Commercial (general) $2.5M +14.0%
Industrial (general) $2.3M +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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 820 43rd NE Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message