Customizable Office
For Sale
$499,900
4475 Coleman Street 104, Bismarck, ND 58503
Shell-delivered office space allows buyers to tailor the interior to their specifications.
Property Size1,884 SF
Price / SF$265.34
Days on Market48
Property Features for 4475 Coleman Street 104
General Information
Standard status
Active
Size
1,884 SF
Zoning
CG
Additional Details
Furnished
No
Listing Agency:
Realty One Group - Encore
(701) 751-7040
Listed By:
PATRICK KOSKI · License #8121
(701) 471-1331
Source:
Hunterroll
Added: Sep 5
Changed: Oct 18
Last Checked: Oct 20 at 8:33PM
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 Realty One Group - Encore
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office Unit 104 at 4475 Coleman Street is offered in shell condition, giving the buyer a blank interior for a customized build-out. The unit includes approximately 1,884 square feet and is zoned CG for commercial use. Building codes and zoning requirements are subject to verification with the City of Bismarck.
The property is positioned next to Cash Wise Foods and has visibility from 43rd Avenue within Aspen Business Park. Its location and flexible delivery condition support businesses seeking ownership of a dedicated office setting.
The property is positioned next to Cash Wise Foods and has visibility from 43rd Avenue within Aspen Business Park. Its location and flexible delivery condition support businesses seeking ownership of a dedicated office setting.
Key Highlights
- Shell condition supports a buyer‑directed interior build‑out
- Approximately 1,884 square feet of office space
- CG zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,470
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,400
$489.4K
Cap Rate 7%
$349,571
$349.6K
Cap Rate 9%
$271,889
$271.9K
Market Conditions
NOI Build-Up for 1,884 SF
Gross rent
$38.0K $20.16/SF
− Vacancy
−$5.4K −$2.84/SF
EGI
$32.6K $17.32/SF
− OpEx
−$8.2K −$4.33/SF
NOI
$24.5K $12.99/SF
Area
Burleigh County, ND
Vacancy
14.10%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,400
Cap Rate 7%
$349,571
Cap Rate 9%
$271,889
Alternative Uses
Best Use
Office B
$349.6K
$305.9K – $407.8K
NOI $24,470 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$448.3K
$392.3K – $523.1K
NOI $31,383 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
598
Businesses Nearby
Explore this area
Business Placement
Demographics for 58503, ND
37,157
Population
15,997
Households
2.3
Avg Household Size
39
Median Age
48%
College-Educated
96%
High-School Grad
135.6 sq mi
ZIP Area
274
Density / Sq Mi
$105,108
Median Household Income
$60,058
Median Earnings
$1,131
Median Rent
$383,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Shell-delivered office space allows buyers to tailor the interior to their specifications.
Where is this office unit located?
The property is located at 4475 Coleman Street 104 Bismarck, ND.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Shell condition supports a buyer‑directed interior build‑out; Approximately 1,884 square feet of office space; CG zoning
