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    723 Memorial Hwy Bismarck, ND 58504

    Sponsored
    For Lease
    $12 SF/Yr ($13,551 /Mo)

    Prime Bismarck Office Space: Multiple Suites Available

    Lot size:
    12,947 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story office building, totaling 12,947 square feet, is situated on a generous 45,222 square foot lot at 723 Memorial Highway in Bismarck, North Dakota's South Bismarck submarket. Built in 1957 and zoned CG-Commercial, the property offers a blend of traditional and creative office spaces, perfect for a variety of businesses. Currently, there are four available suites ranging from 800 to 3,055 square feet, providing flexibility for tenants of varying sizes. The building boasts convenient off-street parking, shared restrooms, and prominent signage opportunities for enhanced visibility. This well-maintained property presents a fantastic opportunity for businesses seeking a prominent location in a thriving Bismarck neighborhood. The building's location provides easy access to major roadways and amenities, making it an attractive option for employees and clients alike. The property's versatile design caters to both traditional and modern office needs, offering a comfortable and productive work environment. Don't miss this chance to secure your ideal office space in this desirable Bismarck location.

    Property Features for 723 Memorial Hwy

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,947 SF
    Total Rate
    13551.19

    Building Details

    Year Built
    1957
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    723 Memorial Hwy, Suite A
    Size
    810 SF
    Rate per SF
    $13
    Space
    723 Memorial Hwy, Suite C
    Size
    3,055 SF
    Rate per SF
    $17
    Space
    721 Memorial Hwy
    Size
    800 SF
    Rate per SF
    $13
    Space
    725 Memorial Hwy, Suite B
    Size
    860 SF
    Rate per SF
    $12

    HighLights

    • Freshly Renovated Interior
    • Monument Signage Included
    • Ample Off‑Street Parking Available
    • Shared Restrooms in Common Area
    Property Profile Location Intelligence

    Current Use by Public Records

    North Dakota State ... State Government Office Rocky Gordon & Company, ... Property Management Company Aspen Group Property ... Property Management Company NDAA Apartment Building

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.8012976
    Latitude
    46.8053739

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    FAQs

    What type of property is this?
    Office space - Prime Bismarck Office Space: Multiple Suites Available
    Where is this office space located?
    The property is located at 723 Memorial Hwy Bismarck, ND.
    What is the lease rate?
    The lease rate is $12-$17 SF/Yr.
    What are key features of this property?
    This property features: Freshly Renovated Interior; Monument Signage Included; Ample Off-Street Parking Available
    Request Owner's contact information
    723 Memorial Hwy Bismarck, ND 58504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    723 Memorial Hwy Bismarck, ND 58504
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