Property profile

4205 State St Bismarck, ND 58503

OFF-MARKET
Office Spaces
Property ID
US56-0237305
16,976 SF 1.6 ac lot Built 1973
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1973
Total area 16,976 SF
Lot 1.6 ac (69,870 SF)
Zoning code CG
APN 1625-001-050
UPID US56-0237305

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • High School Daycare Center
  • Police Department
  • Building Supply
  • Counselor Addiction Treatment Center
  • State Government Office

Location

4205 State St Bismarck, ND 58503-0623
Bismarck metro Census 11001 BISMARCK, ND METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.50M
CAP Approach CAP
$1.96M
Comparable Approach Comparable
$2.16M
Blend (final) Blend
$2.50M

Owner & transaction history

since 2026
Last sale
$2.5M
7 recorded transactions
2026
$2.8M
2025
Price N/A
2025
Price N/A
2024
$2.5M
2020
Price N/A
2012
$1.6M
2010
$2.3M

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 $3.0M +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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