2209 Fido Dr Bismarck, ND 58504
6,300 SF self-storage facility with 30 units on 1.8 acres.
Property Features for 2209 Fido Dr
General Information
- Standard status
- Active
- Size
- 6,300 SF
- Lot size
- 1.80 Acres
- Property subtype
- Land, Self Storage
Building Details
- Year Built
- 2020
Listing office Aspen Group LLP
Listing date Sep 4, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Aspen Group LLP
Investment Insights
Based on property information with market context.
Key Highlights
- 6,300 SF building on a generous 1.8 acre lot
- Self‑Storage Facility with 30 Units
- Located just outside of Lincoln ND
Local Financial Insights For Self Storage
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 | $64.3k | $10.20 |
| − Vacancy | −$5.5k | −$0.87 |
| EGI | $58.8k | $9.33 |
| − OpEx | −$17.6k | −$2.80 |
| NOI | $41.2k | $6.53 |
