Flex Warehouse with Office
For Sale
$829,900
1100 Basin Avenue, Bismarck, ND 58504
Flex warehouse offering office areas, a boardroom, and a large presentation room with two overhead garage doors.
Property Size8,146 SF
Price / SF$101.88
Days on Market99
Property Features for 1100 Basin Avenue
General Information
Standard status
Active
Size
8,146 SF
Property subtype
Commercial
Additional Details
Drive-In Doors
2
Amenities
two private bathrooms
offices
boardroom
breakroom
presentation room with stage
storage
Listing Agency:
Better Homes and Gardens Real Estate Alliance Group
(701) 223-3030
Listed By:
Bill H Dean
Source:
Trademarknd
Added: Jul 25
Changed: Oct 31
Last Checked: Oct 30 at 1:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes and Gardens Real Estate Alliance Group
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Investment Insights
Based on property information with market context.
This flex warehouse includes a main-floor office and amenity buildout with two private bathrooms, offices, a boardroom, a breakroom, and a large presentation room with a stage. The property also provides storage space and two overhead garage doors designed for loading and unloading convenience. Total building size is reported as 8,146 sq. ft., with the main floor described as 3,316 sq. ft.
The property is offered for sale. The address is 1100 Basin Avenue, Bismarck, ND 58504.
The combination of enclosed office space and warehouse access via two overhead garage doors supports a business setup that needs both work and presentation functionality within the same facility.
The property is offered for sale. The address is 1100 Basin Avenue, Bismarck, ND 58504.
The combination of enclosed office space and warehouse access via two overhead garage doors supports a business setup that needs both work and presentation functionality within the same facility.
Key Highlights
- Flex commercial space with 3,316 SF main floor office and meeting areas
- Includes offices, a boardroom, and a breakroom, plus two private bathrooms
- Large presentation room with a stage for meetings, trainings, or creative uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,717
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,274,340
$1.3M
Cap Rate 7%
$910,243
$910.2K
Cap Rate 9%
$707,967
$708.0K
Market Conditions
NOI Build-Up for 8,146 SF
Gross rent
$112.4K $13.80/SF
− Vacancy
−$14.4K −$1.77/SF
EGI
$98.0K $12.03/SF
− OpEx
−$34.3K −$4.21/SF
NOI
$63.7K $7.82/SF
Area
Burleigh County, ND
Vacancy
12.80%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,274,340
Cap Rate 7%
$910,243
Cap Rate 9%
$707,967
Alternative Uses
Best Use
Flex RnD
$910.2K
$796.5K – $1.06M
NOI $63,717 @ 7.0% cap · market cap 7.68%
Second Best
Warehouse
$575.3K
$503.4K – $671.1K
NOI $40,268 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$1.94M
$1.70M – $2.26M
NOI $135,694 @ 7.0% cap · market cap 16.35%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 58504, ND
29,517
Population
12,479
Households
2.4
Avg Household Size
35
Median Age
31%
College-Educated
94%
High-School Grad
103.3 sq mi
ZIP Area
286
Density / Sq Mi
$78,671
Median Household Income
$45,817
Median Earnings
$940
Median Rent
$282,100
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse offering office areas, a boardroom, and a large presentation room with two overhead garage doors.
Where is this flex space located?
The property is located at 1100 Basin Avenue Bismarck, ND.
What is the asking price?
The asking price for this property is $829,900.
What are key features of this property?
This property features: Flex commercial space with 3,316 SF main floor office and meeting areas; Includes offices, a boardroom, and a breakroom, plus two private bathrooms; Large presentation room with a stage for meetings, trainings, or creative uses
