425 5th St Bismarck, ND 58501-4033
- Office Properties & Spaces
- 15,288 SF
- 0.42 lot acres
Current Use by Public Records
- Collection Center Inc. / Business Related
- State Auditor / Government Office
- Heppner Group / Health Insurance Agency
- Agency MABU / Marketing Agency
- Travis Lang at Rate (NMLS #491580) / Mortgage Lender / Mortgage Broker
Property Details for 425 5th St
- Year built
- 1976
- Lot size
- 0.42 lot acres
- Property size
- 15,288 SF
- Zone code
- DF
- Property type
- Office Properties & Spaces
- APN
- 0020-025-025
- APU
- 20025025
Description
This exceptional commercial property, located at 425 N 5th St in Bismarck, North Dakota, offers a diverse range of office spaces to suit various business needs. The building, constructed in 1976, encompasses 15,288 square feet across three stories and sits on an 18,234 square foot lot. Its zoning classification is DF - Downtown Fringe, providing excellent access to downtown amenities. The building features a single structure with multiple tenancy options, catering to businesses of all sizes. Whether you require traditional office space, executive suites, coworking arrangements, or a creative office environment, this property offers flexibility to accommodate your specific requirements. The lease rates range from $750 to $950 per month, and are full-service, meaning utilities, maintenance, and taxes are included in the monthly cost. Convenient on-site parking is available for both employees and clients, ensuring easy access and ample space. This prime location in Bismarck's vibrant downtown fringe presents a unique opportunity for businesses seeking a well-maintained, versatile, and conveniently located office space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,170,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,335,000
- 6.5%
- $1,465,000
- 7%
- $1,500,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,605,000
- Geo Method
- $1,660,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,270,000
- Retail
- $1,600,000
- Mixed-Use
- $1,360,000
- Hospitality
- $1,470,000
- Educational
- $1,645,000
- Residential Income
- $1,715,000
- Energy
- $1,720,000
- Income-Based Land
- $1,360,000
- Food Service
- $1,395,000
Location Insight
- Map
- Local Demand
- City
- Bismarck
- County
- Burleigh
- State
- North Dakota
- Longitude
- -100.784
- Latitude
- 46.8094
- CBSA code
- 13900
- CBSA name
- BISMARCK, ND METROPOLITAN STATISTICAL AREA
