4205 State St Bismarck, ND 58503-0623
- Office Properties & Spaces
- 16,976 SF
- 1.60 lot acres
Current Use by Public Records
- Believe & Blossom Preschool LLC / Preschool / Child Care Agency
- Criminal Investigation Bureau / Police Department
- Centered Portable Toilets / Portable Toilet Supplier
- 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 Properties & 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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,575,000
- 6.5%
- $2,550,000
- 7%
- $2,310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,435,000
- Geo Method
- $2,585,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,900,000
- Retail
- $2,485,000
- Mixed-Use
- $2,515,000
- Hospitality
- $2,440,000
- Educational
- $2,860,000
- Residential Income
- $2,260,000
- Energy
- $2,705,000
- Income-Based Land
- $2,190,000
- Food Service
- $2,660,000
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
