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Property profile & analytics
FOR SALE
Retail space

2209 Fido Dr Bismarck, ND 58504

6,300 SF Built 2020
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US56-0511122
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving 30-unit self-storage facility ideally situated at 2209 Fido Drive, Bismarck, North Dakota, zip code 58504, in Burleigh County. Built in 2020, this single-story, 6,300 square foot building sits on a generous 1.8-acre lot, offering significant potential for future expansion. The property is zoned for commercial use and boasts a diverse range of unit sizes to cater to various storage needs. Specifically, the facility includes four 10x10 units, twenty-two 10x20 units, and four 10x30 units. Security cameras are installed throughout the property, ensuring the safety and security of tenant belongings. The asking price for this turnkey operation is $650,000. The substantial lot size presents an attractive opportunity for further development, allowing for potential expansion of the existing facility or the addition of complementary commercial ventures. This property represents a rare chance to acquire a well-established, income-generating asset in a growing market. Don't miss this chance to own a piece of Bismarck's thriving commercial real estate landscape.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2020
Total area 6,300 SF
APN 39-138-79-01-02-010
UPID US56-0511122
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
  • Kwandt Properties Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$714k
Blend (final) Blend
$510k
Owner & transaction history
Kwandt Proeprties LLC · 7 yrs held
Kwandt Proeprties LLC
since 2018
4 recorded transactions
2022
Price N/A
2018
Price N/A
2014
$200,000
2014
$283,400
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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