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Note 7 - Mortgage Notes Payable (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Notes Tables |
Schedule of Debt [Table Text Block] |
|  | Principal as of |  |  |  |  |  |  |  |  |  |  |  |
|  | December 31, |  |  | December 31, |  |  | Loan |  |  | Interest |  |  |  |  |
Mortgage note property |  | 2024 |  |  | 2023 |  |  | Type |  |  | Rate (1) |  |  | Maturity |
Dakota Center (2) |  |  | 9,091,395 |  |  | $ | 9,197,346 |  |  | Fixed |  |  |  | 4.74 | % |  | 7/6/2024 |
Research Parkway (6) |  |  | 1,526,860 |  |  |  | 1,588,742 |  |  | Fixed |  |  |  | 3.94 | % |  | 1/5/2025 |
Arapahoe Service Center |  |  | 8,670,000 |  |  |  | 7,426,088 |  |  | Fixed |  |  |  | 6.75 | % |  | 12/5/2029 |
Union Town Center (6) |  |  | 7,709,746 |  |  |  | 7,870,468 |  |  | Fixed |  |  |  | 4.28 | % |  | 1/5/2025 |
One Park Centre (6) |  |  | 5,919,517 |  |  |  | 6,043,882 |  |  | Fixed |  |  |  | 4.77 | % |  | 9/5/2025 |
Genesis Plaza (6) |  |  | 5,813,843 |  |  |  | 5,937,251 |  |  | Fixed |  |  |  | 4.71 | % |  | 9/6/2025 |
Shea Center II |  |  | 16,660,803 |  |  |  | 16,951,095 |  |  | Fixed |  |  |  | 4.92 | % |  | 1/5/2026 |
West Fargo Industrial (3) |  |  | 5,750,000 |  |  |  | 3,922,829 |  |  | Fixed |  |  |  | 7.14 | % |  | 7/6/2029 |
Grand Pacific Center (4) |  |  | 6,460,405 |  |  |  | 5,470,305 |  |  | Fixed |  |  |  | 6.35 | % |  | 5/10/2033 |
Baltimore |  |  | 5,670,000 |  |  |  | 5,670,000 |  |  | Fixed |  |  |  | 4.67 | % |  | 4/6/2032 |
Mandolin |  |  | 3,508,702 |  |  |  | 3,573,201 |  |  | Fixed |  |  |  | 4.35 | % |  |  | 4/20/2029 |
Subtotal, Presidio Property Trust, Inc. Properties |  | $ | 76,781,271 |  |  | $ | 73,651,207 |  |  |  |  |  |  |  |  |  |  |  |
Model Home mortgage notes (5) |  |  | 26,060,798 |  |  |  | 34,815,699 |  |  | Fixed |  |  |  | 5.34% - 8.00% |  |  | 2025 - 2029 |
Mortgage Notes Payable |  | $ | 102,842,069 |  |  | $ | 108,466,906 |  |  |  |  |  |  |  |  |  |  |  |
Unamortized loan costs |  |  | (747,975 | ) |  |  | (753,633 | ) |  |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable, net |  | $ | 102,094,094 |  |  | $ | 107,713,273 |  |  |  |  |  |  |  |  |  |  |  |
Contractual Obligation, Fiscal Year Maturity [Table Text Block] |
|  | Commercial |  |  | Model |  |  |  |  |
|  | Properties |  |  | Homes |  |  | Total Principal |
Years ending December 31: |  | Notes Payable |  |  | Notes Payable |  |  | Payments |
2025 |  | $ | 30,494,515 |  |  | $ | 8,283,913 |  |  | $ | 38,778,428 |
2026 |  |  | 16,654,441 |  |  |  | 1,668,193 |  |  |  | 18,322,634 |
2027 |  |  | 302,885 |  |  |  | 495,924 |  |  |  | 798,809 |
2028 |  |  | 322,652 |  |  |  | 9,575,775 |  |  |  | 9,898,427 |
2029 |  |  | 17,291,085 |  |  |  | 6,036,993 |  |  |  | 23,328,078 |
Thereafter |  |  | 11,715,693 |  |  |  | — |  |  |  | 11,715,693 |
Total |  | $ | 76,781,271 |  |  | $ | 26,060,798 |  |  | $ | 102,842,069 |

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