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    4205 State St Bismarck, ND 58503-0623
    Property profile & analytics

    4205 State St Bismarck, ND 58503-0623


    • Office Spaces
    • 16,976 SF
    • 1.60 lot acres
    Off-Market
    Last Sale Dec 13, 2024
    $2,500,000
    Property ID
    US56-0237305
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,500,000
    Show details
    Cap Rate Potential
    5.1%
    Office Spaces
    Location Intelligence

    Current Use by Public Records

    • Believe & Blossom Preschool LLC / High School / Daycare Center
    • Criminal Investigation Bureau / Police Department
    • Centered Portable Toilets / Building Supply
    • Beacon Counseling Services, PLLC / Counselor / Addiction Treatment Center
    • Consumer Protection Antitrust / State Government Office

    Property Details for 4205 State St

    Year built
    1973
    Lot size
    1.60 lot acres
    Property size
    16,976 SF
    Zone code
    CG
    Property type
    Office Spaces
    APN
    1625-001-050
    APU
    1625001050

    Description

    This 1,400-square-foot office suite in Bismarck, North Dakota, is located at 4205 State Street, lower level, in Burleigh County (zip code 58503). The single-tenant space is ideal for businesses seeking a traditional office, executive office, or coworking setup. The suite features five private offices, a reception area, and a convenient storage room. A walkout entrance and front door parking on the south side of the building provide excellent accessibility. High visibility from State Street ensures strong brand recognition. The property boasts abundant parking in a private lot. The lease is a full-service agreement, with tenants responsible only for janitorial services, internet costs, and a pro-rata share of snow removal. The monthly lease rate is $1,925, or $16.50 per square foot. This exceptional location offers an unparalleled opportunity for businesses seeking a prominent presence in Bismarck.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,500,000
      ML approach
      $2,500,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,125,000
      6.5%
      $1,960,000
      7%
      $1,820,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,163,000
      Market price range: $1.33M - $3.97M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,665,000
      Current use
      RETAIL STORES
      $2,995,000
      Change: +12% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $2,460,000
      Change: -8% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $2,335,000
      Change: -12% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.771
    Latitude
    46.8516
    CBSA code
    13900
    CBSA name
    BISMARCK, ND METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,227
    $0.00
    $0.00
    $1,276,800
    -
    $0.00
    $0.00
    $2,553,600
    More about this property
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