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Property profile & analytics
FOR SALE
Office Spaces

1611 E Century Ave Bismarck, ND 58503

29,509 SF 3.51 ac lot Built 2006
Entity Owned 2-yr Hold Free & Clear
Property ID
US56-0410923
Property summary
AI-generated overview

This exceptional 29,510 square foot executive office building, constructed in 2006, is situated on a sprawling 153,082 acre lot in Bismarck, North Dakota. Located at 1611 E Century Ave, zip code 58503, this multi-tenant property offers a significant opportunity. Currently, 8,385 square feet of office space is immediately available for lease. The building features a flexible layout incorporating both open workspaces and private offices, catering to diverse business needs. Amenities include a generously sized break room with a kitchenette, perfect for fostering collaboration and employee well-being. Ample space is also dedicated to conference rooms, ideal for hosting meetings and presentations. Further enhancing the work environment is an on-site fitness center, promoting employee health and wellness. The property is zoned RT and is located in Burleigh County. Net, net, net (NNN) lease rates, inclusive of utilities, are estimated at $6.50 per square foot. This prime location in North Bismarck presents a unique opportunity for businesses seeking modern, well-appointed office space. The available space totals 8,385 square feet, offering significant potential for expansion or consolidation. This is a rare opportunity to secure high-quality office space in a desirable location.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2006
Total area 29,509 SF
Lot 3.51 ac (153,070 SF)
Zoning code RT
APN 0729-001-100
UPID US56-0410923
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Turman Endondontics Dental Office
  • Turman Michael J Dr Dental Office
  • AGT Foods USA Feed Store Warehouse & Storage
  • Great River Energy Electric Utility Company
  • RLE Group Architecture Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.41M
Comparable Approach Comparable
$1.70M
Blend (final) Blend
$2.59M
Owner & transaction history
Nacco Properties LLC · 2 yrs held
Nacco Properties LLC
since 2023
3 recorded transactions
2023
Price N/A
2022
Price N/A
2006
$662,073
Zoning & alternative use
RT · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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