Property profile

1435 Interstate Loop Bismarck, ND 58503

OFF-MARKET
Office Spaces
Property ID
US56-0326351
3,220 SF 0.42 ac lot Built 1993
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This newly remodeled, single-tenant office building at 1435 Interstate Loop in Bismarck, North Dakota, offers 3,220 square feet of versatile space. The property, completed in 2024, is a single-story structure ideal for a variety of office uses, including traditional office settings, executive suites, coworking spaces, or creative office environments. The building's modern design and recent renovation ensure a high-quality, efficient workspace. Ample parking is available with both front and back parking lots providing convenient access for employees and clients. The lease rate is $18 per square foot, net, net, net (NNN), with a 3% annual escalator. The property's location in Bismarck, North Dakota, zip code 58503, offers easy access to major transportation routes and local amenities. This is a fantastic opportunity to secure a modern, well-maintained office building in a thriving North Dakota market. The building's single-tenant occupancy provides a unique opportunity for a business seeking a dedicated and private workspace. The flexible space allows for customization to meet specific business needs. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1993
Total area 3,220 SF
Lot 0.42 ac (18,109 SF)
Zoning code CG
APN 0800-002-045
UPID US56-0326351

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1435 Interstate Loop Bismarck, ND 58503-0567
Bismarck metro Census 11001 BISMARCK, ND METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
$370k
Comparable Approach Comparable
$491k
Blend (final) Blend
$770k

Owner & transaction history

since 2023
Last sale
$590,000
2 recorded transactions
2024
Price N/A
2023
$590,000

Zoning & alternative use

CG · Bismarck, ND
Zoning description

14-04-12. CG Commercial District . In any CG commercial district , the following regulations shall apply: 1. General description. The CG commercial district is a heavy commercial area located outside the central business…

General category COMMERCIAL
Top alternative use upside
Retail stores $570,000 +12.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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