4503 Coleman St Bismarck, ND 58503-2006
- Office Properties & Spaces
- 30,384 SF
- 1.93 lot acres
Mar 02, 2023
Current Use by Public Records
- Prometric Testing Center / Training Center
- Federal Motor Carrier Safety Administration / Department Of Public Safety
- Medical Weight Loss Specialists of Bismarck / Weight Loss Service
- Integrative Immunity Health System, PC: Benoit Tano, MD / Physician / Medical Clinic
- Internal Revenue Service (IRS) Taxpayer Assistance Center / Government Office / Tax Department
Property Details for 4503 Coleman St
- Year built
- 2012
- Lot size
- 1.93 lot acres
- Property size
- 30,384 SF
- Zone code
- CG
- Property type
- Office Properties & Spaces
- APN
- 1617-001-125
- APU
- 1617001125
Description
This exceptional office suite, located on the second floor of the prestigious Capital Square building at 4503 Coleman Street in Bismarck, North Dakota, 58503, presents a fantastic opportunity for businesses seeking a well-appointed and functional workspace. The suite is situated in a two-story building equipped with elevators for convenient access. The tenancy is single, offering exclusive use of the space. The layout includes three private offices, ideal for individual executives or departmental needs. A dedicated conference room provides a professional setting for meetings and presentations, or it can be easily converted into an additional private office to suit specific business requirements. Beyond the private offices, the suite also features an open workspace, perfect for collaborative projects or a team environment. This versatile space offers ample room for various business configurations. The property is classified as both a Traditional Office and an Executive Office, catering to a range of business sizes and styles. Its location in Bismarck, North Dakota provides easy access to the city's amenities and infrastructure. This is a turnkey solution for businesses looking for a move-in ready, efficient, and well-located office space. The suite is ready for immediate occupancy.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,730,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,800,000
- 6.5%
- $3,510,000
- 7%
- $3,260,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,934,000
Market price range: $2.37M - $7.10M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $4,765,000 Current use
- RETAIL STORES
- $5,360,000 Change: +12% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $4,400,000 Change: -8% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $4,185,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bismarck
- County
- Burleigh
- State
- North Dakota
- Longitude
- -100.778
- Latitude
- 46.8547
- CBSA code
- 13900
- CBSA name
- BISMARCK, ND METROPOLITAN STATISTICAL AREA
