1416 Burlington Drive D Bismarck, ND 58504
Upscale shop condo includes climate-controlled shop space, loft, and secured fenced outdoor storage with dual garage doors.
Property Features for 1416 Burlington Drive D
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Commercial
Listing office Capital Real Estate Partners (701) 223-3030
Listing date Jul 9, 2026
Source Trademarknd
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 Capital Real Estate Partners
Investment Insights
Based on property information with market context.
A bonus second-story loft provides additional space above the shop for storage or workspace use. The property also includes secured, outdoor fenced storage and ample parking for visitors or work vehicles, supporting practical day-to-day operations.
With its combination of office, shop, loft, and fenced storage, the space is configured to support businesses that need both indoor work area and secure outdoor staging.
Key Highlights
- 1,800 SF shop condo plus a 305 SF second‑story loft for extra storage or workspace
- Climate‑controlled main shop with heat and A/C, plus a separate mechanical room
- Dual 14‑ft garage doors (front and back) for loading, unloading, and vehicle maneuvering
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.8k | $13.80 |
| − Vacancy | −$3.2k | −$1.77 |
| EGI | $21.7k | $12.03 |
| − OpEx | −$7.6k | −$4.21 |
| NOI | $14.1k | $7.82 |
Alternative Uses
Property Analytics
Current Use by Public Records
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