418 Broadway Ave Bismarck, ND 58501
- Office Properties & Spaces
- 26,936 SF
- 0.32 lot acres
Current Use by Public Records
- Robert D. Nordstrom, OD / Optometrist
- Kyle Vorachek / Social Worker
- Eckert Darnell M / Doctor
- Center Counseling / Mental Health Service / Counselor
- Prevent Child Abuse / Social Services Organization
Property Details for 418 Broadway Ave
- Year built
- 1956
- Lot size
- 0.32 lot acres
- Property size
- 26,936 SF
- Zone code
- DC
- Property type
- Office Properties & Spaces
- APN
- 0001-066-020
- APU
- 1066020
Description
This exceptional Bismarck, North Dakota office building, located at 418 E Broadway Ave, offers 26,936 square feet of versatile space. Built in 1956, the single-building property features a mix of traditional, executive, and creative office suites, perfect for a variety of businesses. The building includes an elevator and a common conference room, enhancing tenant convenience and collaboration. Multiple tenancy options are available, ranging from 356 to 3,803 square feet, with nine units currently available. The full-service lease rates range from $10 to $20.22 per square foot. Situated in the heart of downtown Bismarck, this property boasts a Walk Score of 79, providing easy access to numerous amenities. Its central location is further enhanced by its proximity to a city parking ramp, ensuring convenient parking for tenants and clients. The building is zoned DC and is located in Burleigh County, North Dakota, zip code 58501. This secure environment offers a prime opportunity to establish or expand your business in a highly desirable location. The property's central location and convenient amenities make it an ideal choice for businesses seeking a thriving and accessible workspace.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $780,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,050,000
- 6.5%
- $1,195,000
- 7%
- $1,140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,200,000
- Geo Method
- $1,150,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,165,000
- Retail
- $1,220,000
- Mixed-Use
- $1,180,000
- Hospitality
- $980,000
- Educational
- $1,135,000
- Residential Income
- $1,045,000
- Energy
- $1,055,000
- Income-Based Land
- $1,215,000
- Food Service
- $1,200,000
Location Insight
- Map
- Local Demand
- City
- Bismarck
- County
- Burleigh
- State
- North Dakota
- Longitude
- -100.785
- Latitude
- 46.8067
- CBSA code
- 13900
- CBSA name
- BISMARCK, ND METROPOLITAN STATISTICAL AREA
