425 5Th StBismarck, ND 58501

Property Details for 425 5Th St

Year built

1976

Lot size

0.42 AC

Property size (Sq ft)

15,288 SF

Zone code

DF

Property type

Office properties

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,391,056

  6.5%

  $2,207,129

  7%

  $2,049,477

• Comparable approach

  Method

  Valuation

  Relative Method

  $780,300

  Geo Method

  $780,300

• Alternative Use

  Use

  Valuation

  Residential

  $2,736,840

  Hospitality

  $2,506,930

  Educational

  $2,085,737

  Medical

  $2,157,468

  Retail

  $3,244,480

Location Insight

City

Bismarck

County

Burleigh

State

North Dakota

Latitude

46.8094

Longitude

-100.784

CBSA code

13900

CBSA name

BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].