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Customizable Office Unit
For Sale
$499,900

4475 Coleman St Unit 104, Bismarck, ND 58503

New-construction office ownership opportunity with a shell finish and CG zoning for buyer-directed customization.

Property Size1,884 SF
Price / SF$265.34
Days on Market48

Property Features for 4475 Coleman St Unit 104

General Information

Standard status Active
Size 1,884 SF

Building Details

Year Built 2025
Listing Agency: Realty One Group - Encore
Listed By: PATRICK KOSKI · License #8121
Source: Corerealestateadvisors
Added: Sep 14 Changed: Oct 25 Last Checked: Oct 7 at 1:06PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office unit is offered for ownership in Aspen Business Park and provides approximately 1,884 square feet for a buyer-directed buildout. Delivered in shell condition, the space allows the purchaser to configure the interior around business requirements. Construction dates to 2025, and the property is zoned CG.

The unit is positioned next to Cash Wise Foods with visibility from 43rd Avenue in northwest Bismarck. The commercial setting supports convenient exposure for businesses seeking an owned office location. Buyers should confirm applicable building codes and zoning requirements with the City of Bismarck.

Key Highlights

  • Approximately 1,884 square feet of office space
  • Shell delivery allows buyer‑directed interior customization
  • 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 (±1% cap)
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 (±1% cap)
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

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Parking Lot & Garage Electrical Service HVAC Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

598
Businesses Nearby

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - New-construction office ownership opportunity with a shell finish and CG zoning for buyer-directed customization.
Where is this office unit located?
The property is located at 4475 Coleman St Unit 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: Approximately 1,884 square feet of office space; Shell delivery allows buyer‑directed interior customization; CG zoning
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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