120 3Rd St Bismarck, ND 58501
- Office Properties & Spaces
- 18,027 SF
- 0.24 lot acres
Current Use by Public Records
- Mike Kneeland - Benchmark Mortgage / Mortgage Lender
- Bull and Bear Resources, LLC / Oil Field Equipment Supplier
- Great Plains Land Services Inc / Oil Field Equipment Supplier
- New York Life - Kelly Jahner / Life Insurance Agency
- Premier Wealth Strategies/New York Life / Life Insurance Agency / Insurance Company
Property Details for 120 3Rd St
- Year built
- 1919
- Lot size
- 0.24 lot acres
- Property size
- 18,027 SF
- Zone code
- DC
- Property type
- Office Properties & Spaces
- APN
- 0001-052-001
- APU
- 1052001
Description
This exceptional executive office space, located at 120 N 3rd St in Bismarck, North Dakota, offers 3,663 square feet of meticulously maintained office area. The building boasts a dynamic mix of tenants, creating a vibrant and professional atmosphere. Its central downtown location provides unparalleled access to a wealth of amenities, including a variety of restaurants, unique boutiques, financial institutions, professional services, and residential developments. The property is zoned DC and situated in Burleigh County, zip code 58501. The building features multiple tenancies and is equipped with elevators for convenient access to all floors. This is an ideal opportunity for businesses seeking a prestigious and well-connected address in the heart of Bismarck's thriving business district. The upscale environment and convenient location make this property a highly desirable option for discerning professionals. The building's prime location ensures high visibility and easy access for clients and employees alike. This executive office space presents a unique chance to establish a strong presence in a dynamic and growing urban center. The property's size and amenities make it suitable for a variety of businesses seeking a sophisticated and functional workspace. Its location in the heart of downtown Bismarck offers unparalleled convenience and accessibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,320,000
- 6.5%
- $1,160,000
- 7%
- $1,155,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,285,000
- Geo Method
- $1,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,075,000
- Retail
- $1,105,000
- Mixed-Use
- $1,190,000
- Hospitality
- $1,205,000
- Educational
- $1,450,000
- Residential Income
- $1,315,000
- Energy
- $1,365,000
- Income-Based Land
- $1,130,000
- Food Service
- $1,180,000
Location Insight
- Map
- Local Demand
- City
- Bismarck
- County
- Burleigh
- State
- North Dakota
- Longitude
- -100.788
- Latitude
- 46.8063
- CBSA code
- 13900
- CBSA name
- BISMARCK, ND METROPOLITAN STATISTICAL AREA
