3530 14Th StBismarck, ND 58501

  • Retail properties
  • 2,000 SF
For Lease
$25/SF/YR View listing

Property Details for 3530 14Th St

Year built
2018
Lot size
0.28 AC
Property size (Sq ft)
2,000 SF
Zone code
CG
Property type
Retail properties
Property subtype
Strip malls
APN
1492-001-100
APU
1492001100

Description

This exceptional Bismarck, North Dakota commercial property offers a 2,000 square foot storefront for lease, situated on a 12,116 square foot lot. The property is ideally suited for retail, office, or restaurant use, boasting high visibility and accessibility due to its location just off State Street, a major thoroughfare with approximately 32,485 vehicles passing daily. The single-story building presents a significant opportunity for businesses seeking a prominent presence in a thriving North Bismarck area. The lease rate is $25 per square foot, plus $5 per square foot for common area maintenance (CAM). A tenant improvement (TI) allowance is negotiable. The property is located at 3530 N 14th St, Bismarck, ND 58501, in Burleigh County. This is a single-tenancy building within a larger commercial development. The property's prime location and attractive lease terms make it an excellent investment for businesses seeking a strategic foothold in a high-traffic area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $459,819
    6.5%
    $424,448
    7%
    $394,130
  • Comparable approach

    Method
    Valuation
    Relative Method
    $257,242
    Geo Method
    $257,242
  • Alternative Use

    Use
    Valuation
    Residential
    $358,038
    Hospitality
    $327,961
    Educational
    $272,859
    Medical
    $282,243
    Retail
    $424,448
3530 14Th St, Bismarck, North Dakota

Location Insight

City
Bismarck
County
Burleigh
State
North Dakota
Latitude
46.8451
Longitude
-100.771
CBSA code
13900
CBSA name
BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,166
$82,650
$120,400
$203,050
-
$165,300
$240,800
$406,100

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