909 Basin AveBismarck, ND 58504

Property Details for 909 Basin Ave

Year built

1974

Lot size

0.69 AC

Property size (Sq ft)

9,008 SF

Zone code

CG

Property type

Office properties

Property subtype

Other office properties

APN

0635-001-055

APU

635001055

Description

This exceptional single-story office building, located at 909 Basin Avenue in Bismarck, North Dakota, offers 9,008 square feet of versatile workspace. Situated on a substantial 30,000 square foot lot, the property boasts ample parking for employees and clients. Constructed in 1974, the building features a traditional office layout, ideal for a variety of businesses. The interior includes at least ten private offices, providing ample space for individual work and team collaboration. Beyond the private offices, there is also designated space for cubicles and open work areas, catering to diverse work styles and team sizes. A dedicated conference room is included, facilitating meetings and presentations. The property is located in South Bismarck, in Burleigh County, offering convenient access to local amenities and transportation routes. The single-story design provides easy accessibility and navigation throughout the building. This property presents a unique opportunity for businesses seeking a well-established office space in a desirable location. The building's size and layout offer flexibility for customization and adaptation to specific business needs. The substantial lot size provides additional potential for future expansion or development. This is a prime opportunity to acquire a functional and well-located office building in Bismarck, North Dakota.

• CAP approach

  CAP return

  Valuation

  6%

  $1,408,859

  6.5%

  $1,300,485

  7%

  $1,207,593

• Comparable approach

  Method

  Valuation

  Relative Method

  $459,768

  Geo Method

  $459,768

• Alternative Use

  Use

  Valuation

  Residential

  $1,612,602

  Hospitality

  $1,477,134

  Educational

  $1,228,958

  Medical

  $1,271,224

  Retail

  $1,911,713

Location Insight

City

Bismarck

County

Burleigh

State

North Dakota

Latitude

46.7871

Longitude

-100.778

CBSA code

13900

CBSA name

BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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