812 Burlington DrBismarck, ND 58504

  • Office properties
  • 20,634 SF
For Sale
$5,000,000 View listing

Property Details for 812 Burlington Dr

Year built
2013
Lot size
1.06 AC
Property size (Sq ft)
20,634 SF
Zone code
MA
Property type
Office properties
Property subtype
Other office properties
APN
0735-003-050
APU
735003050

Description

This exceptional Class A office building in Bismarck, North Dakota, presents a unique opportunity for businesses seeking flexible and modern workspace. Located at 812 Burlington Drive, this three-story, 23,020-square-foot building offers multiple tenancy options, ranging from 1,500 to 6,000 square feet. Built in 2013, the property features a striking glass front and roof atrium, creating a contemporary and elegant atmosphere. Tenants will appreciate the convenience of a full-service lease, encompassing essential amenities such as a backup generator, secured card access, and a 24-hour building radius security system. Additional features include a sheltered drop-off and pick-up zone, monument signage, and ample off-street parking. The building sits on a 45,938-square-foot lot in Burleigh County, and includes an elevator for easy access to all three floors. This prime location in Bismarck offers a prestigious address and excellent visibility, making it an ideal choice for businesses seeking to elevate their presence. Lease rates range from $20 to $23 per square foot. The property is categorized as Traditional Office, Executive Office, Coworking, and Creative Office space, providing versatility to suit a variety of business needs. Contact us today to learn more about leasing opportunities.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,227,175
    6.5%
    $2,978,931
    7%
    $2,766,150
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,053,159
    Geo Method
    $1,053,159
  • Alternative Use

    Use
    Valuation
    Residential
    $3,693,874
    Hospitality
    $3,383,569
    Educational
    $2,815,090
    Medical
    $2,911,905
    Retail
    $4,379,028
812 Burlington Dr, Bismarck, North Dakota
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Location Insight

City
Bismarck
County
Burleigh
State
North Dakota
Latitude
46.7965
Longitude
-100.749
CBSA code
13900
CBSA name
BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$43,085
$105,500
$1,552,250
$1,657,750
-
$211,000
$3,104,500
$3,315,500

FAQs

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