2209 Fido Dr Bismarck, ND
New self-storage facility with expansion potential near Lincoln, North Dakota.
Property Features for 2209 Fido Dr
General Information
- Standard status
- Active
- Size
- 6,300 SF
- Lot size
- 1.80 Acres
- Property subtype
- INDUSTRIAL
Listing office Aspen Group (701) 202-6935
Listing date Jul 29, 2025
Source Moodyscre
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 Aspen Group
Investment Insights
Based on property information with market context.
Key Highlights
- Built in 2020 (new construction)
- 30 Units (mix of sizes)
- (22) 10 x 20 Units
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 |
