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Property profile & analytics
OFF-MARKET
Office Spaces
207 Washington St Bismarck, ND 58504-5570
Individually Owned
Free & Clear
Property ID
US56-0063802
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1993
Total area
9,190 SF
Lot
0.53 ac (23,217 SF)
Zoning code
CG
APN
0001-055-032
UPID
US56-0063802
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
-
Morton County Title Co Title Company
-
Bismarck Title Company Title Company
-
The Wall of Honor Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Steven Bauer
Steven Bauer
since 2026
Last sale
$127,000
7 recorded transactions
Zoning & alternative use
CG · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bismarck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bismarck submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,679
Tax year 2023
Assessed value
$697,500
Assessed 2023
Effective rate
2.82%
On assessed value
Assessed land
$109,650
Assessed improvement
$587,850
Land market value
$219,300
Improvement market value
$1,175,700
Total market value
$1,395,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1993
Total area
9,190 SF
Lot
0.53 ac (23,217 SF)
Zoning code
CG
APN
0001-055-032
UPID
US56-0063802
Jurisdiction
BURLEIGH
Zoning & alternative use
CG · Bismarck, ND
Zoning CG · permitted uses
CG · Bismarck, ND
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bismarck. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Lot
0.53 ac
Current owner
From public records · entity-resolved
Steven Bauer
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 1811, BISMARCK, ND 58502-1811
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
70 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2026
—
Steven Bauer
Glenn A Bauer
Deed
related
—
Jan 9, 2026
$350,000
Matthew Chapman
Barry A Schumacher
Warranty Deed
$343,660 · Pennymac Loan Services LLC
Jan 9, 2026
$283,500
Matt Fenoff
Warren P Freier
Warranty Deed
—
Jan 9, 2026
$330,000
Dale Ely
Ridgeline Contracting INC
Warranty Deed
—
Sep 23, 2025
$375,000
Deidre Handtmann
Knc Properties LLC
Warranty Deed
—
Jul 17, 2025
—
Mark Splonskowski
Rebecca Lengenfelder
Warranty Deed
—
May 27, 2025
—
Larry Riedinger
Peggy Volk Dietz
Quitclaim Deed
related
—
Apr 1, 2025
$199,900
Associates Land Development Lllp
Construction Financial Services LLC
Warranty Deed
—
Mar 11, 2025
$310,500
Larry Riedinger
Joni Lea Nygard
Warranty Deed
—
Mar 6, 2025
$266,000
Bradley G Thompson
Construction Financial Services LLC
Warranty Deed
—
Jan 21, 2025
$127,000
Christopher Vigness
Mark Faller
Warranty Deed
—
Aug 19, 2024
$608,000
Richard Cash
Brian Frohlich
Warranty Deed
$424,800 · Rocket Mortgage LLC
Oct 20, 2023
—
The Breeze I LLC
Gold Star Properties LLC
Quitclaim Deed
related
—
Aug 14, 2023
—
Mia Myers
Jomani Developing LLC
Quitclaim Deed
related
—
Jun 16, 2023
$650,000
Ridgeline Constracting INC
Bismarck Industries INC
Warranty Deed
$490,000 · Choice Financial Group
Mar 10, 2023
$305,600
Wadeson Holdings LLC
Kna Holdings LLP
Warranty Deed
—
Nov 30, 2022
$284,587
Paul Mcclennen
Kna Holdings LLP
Warranty Deed
—
Oct 25, 2022
—
Wachter Development INC
Santa Fe LLP
Warranty Deed
—
May 4, 2022
—
Clouse Veer Daycare Rental LLP
Caleb Veer
Deed
related
—
Mar 11, 2022
$330,000
Bradley J Fettig
Dennis M Annen
Warranty Deed
$326,307 · Garrison State Bank & Trust
Jan 28, 2022
$302,000
Kyle Connor
Kevin Poor
Warranty Deed
$286,900 · Capital Cu
Jan 28, 2022
$345,000
Jacqueline Armbrust
Wallace D Kalmbach
Warranty Deed
$200,000 · Kirkwood Bank & Trust Co
Jan 28, 2022
$181,000
Wilhelm Casey
Citizens Bank NA
Special Warranty Deed
$144,800 · Kirkwood Bank & Trust Co
Jan 28, 2022
$65,000
Charles Emory
4th Ranch Developers INC
Warranty Deed
$52,751 · Kirkwood Bank & Trust Co
Jun 1, 2021
$215,000
Joshua N Olson
Kari R Cutting
Warranty Deed
—
Jan 12, 2021
—
Mindy Mathern
Barry Mathern
Deed
related
$166,553 · Bnc National Bank
Nov 10, 2020
—
Jason R Coombs
Jason R Coombs
Deed
related
—
Jul 31, 2020
$338,000
Terry D Hildestad
Timothy J Buresh
Warranty Deed
—
Jun 26, 2020
$279,900
Jessica Arnold
Michael Martin
Warranty Deed
$265,905 · Starion Bank
Apr 5, 2019
$91,000
Gerald E Van Beek
Southbay Development LLC
Warranty Deed
—
Apr 5, 2019
$315,000
Lance W Anderson
Ronald M Tyler
Warranty Deed
$252,000 · Dakota Community Bank & Trust NA
Mar 22, 2019
$440,000
Valcntine B Finley JR
Sattler Homes INC
Warranty Deed
$147,000 · First International Bank & Trust
Mar 22, 2019
$200,000
Bradford Magnus
Verity Homes Of Bismarck LLC
Warranty Deed
$560,000 · Plains Commerce Bank
Feb 22, 2019
$232,000
Cody Walker
Deloris Alm
Warranty Deed
$220,400 · Ark-la-tex Finance Services LLC
Jan 11, 2019
—
Sarah Mezger
Steve Mezger
Deed
related
—
Jan 11, 2019
$300,000
Aaron Johnson
Gertha Hoffman
Warranty Deed
$210,961 · Choice Financial Group
Jan 11, 2019
$175,000
Carol Wittman
Linda C Martin
Warranty Deed
—
Dec 6, 2018
$215,000
Small Deighton
Sidney D Miller
Warranty Deed
$211,105 · Capital Cu
Nov 6, 2018
$206,000
Mark A Becker
Craig Zimmer
Warranty Deed
—
Sep 14, 2018
$788,837
Donald J Mitzel JR
Hallmark Homes
Warranty Deed
$414,000 · Gate City Bank
Sep 14, 2018
$129,900
Prestige Homes And Design INC
Patrick Koski
Warranty Deed
$90,930 · Starion Bank
Jun 7, 2018
—
Jamie A Naumann
Paul Turnbow
Warranty Deed
—
May 11, 2018
$75,000
Randy I Westby
Exacta Building & Development Compa
Warranty Deed
—
Apr 19, 2018
$470,000
Jason R Coombs
Krystle K Hansen
Warranty Deed
$423,000 · First International Bank & Trust
Apr 16, 2018
$155,000
Old 10 Investments LLP
Janette M Hanson
Warranty Deed
$135,000 · Security First Bank Of North Dakota
Feb 28, 2018
$139,900
Imaginary Contractors LLC
Cheryl Norma Schilling
Warranty Deed
—
Feb 27, 2018
$45,000
Kameron Hafen
4t Ranch Developers INC
Warranty Deed
—
Feb 23, 2018
$455,000
Debora A Westby
Exacta Building And Development Com
Warranty Deed
$240,000 · Bremer Bank NA
Nov 13, 2017
$220,000
Gerald Christmann
Tgp LLC
Warranty Deed
—
Jul 21, 2017
$187,500
Patten C Assel
Erwin D Nygaard
Warranty Deed
$141,500 · Gate City Bank
Jul 19, 2017
$208,000
Joel Kostelecky
Jill K Lindsay
Warranty Deed
$212,472 · Gate City Bank
Jul 19, 2017
$209,990
Laycie Geis
Verity Homes Of Bismarck LLC
Warranty Deed
$212,000 · United States Department Of Agricul
Jul 14, 2017
$352,000
Brenda L Medeiros
Tamara J Ramsdell
Warranty Deed
—
Jun 16, 2017
$80,000
Casey Christrnann
Helenske Design Group Ltd
Warranty Deed
—
Jun 16, 2017
—
Tammy J Staebell
Tammy Jean Staebell
Deed
related
$244,200 · Comerstone Bank
Jun 1, 2017
—
Jason L Jahner
Sattler Homes INC
Warranty Deed
$416,000 · Premier Mortgage Corp
May 17, 2017
$202,950
Christina M Colon
Verity Homes Of Bismarck LLC
Warranty Deed
$204,882 · Gate City Bank
May 2, 2017
—
Shannon W Henke
Tammy M Henke
Deed
related
—
Mar 20, 2017
—
Christopher C Delupo
Christopher C Delupo
Deed
related
$98,000 · Gate City Bank
Mar 3, 2017
—
Jomani Developing LLC
Calvert Creek Condos LLC
Warranty Deed
—
Feb 15, 2017
$220,000
Justin Wendland
Virginia A Nelsen
Warranty Deed
$198,000 · Blackridgebank
Feb 10, 2017
—
Rudnick Construction INC
Daryl Splichal
Quitclaim Deed
related
—
Jan 13, 2017
$329,900
Chris Gessele
Bradley Sanderson
Warranty Deed
$263,920 · Gate City Bank
Jan 5, 2017
$416,679
Robert E Brown JR
Huntington Enterprises INC
Warranty Deed
$300,000 · Kirkwood Bank & Trust Co
Oct 10, 2016
$342,500
Myles Vosberg
Brendel Homes INC
Warranty Deed
—
Aug 22, 2016
—
Tom Weisbeck
Shawna Armstrong
Warranty Deed
—
Aug 3, 2016
$118,000
Jorge Pagan
Rodenburg And Lauinger LLP
Warranty Deed
$115,000 · Capital Cu
May 13, 2016
$417,162
Dustin Seibel
Huntington Enterprises INC
Warranty Deed
$332,000 · Kirkwood Bank & Trust Co
May 13, 2016
$291,000
Adam H Randall
Kory J Wenzel
Warranty Deed
$276,450 · Gate City Bank
May 4, 2016
$236,000
Draci Vogel
Justin Antonovich
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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