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Financial
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Property profile

118 3rd St Bismarck, ND 58504

OFF-MARKET
Bars & Pubs
Property ID
US56-0443314
11,275 SF 2.19 ac lot Built 1898
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 118 S 3rd Street in Bismarck, North Dakota, presents a unique investment opportunity. The 95,388 square foot lot, zoned DC - CORE ZONING DISTRICT, offers over two acres of land for redevelopment. Currently featuring a 11,275 square foot, two-story building formerly used as a bar and restaurant, the property boasts significant potential for various development projects. The asking price is $2,790,000, translating to $247.45 per square foot. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value$979k
Assessed land$430k
Assessed improvement$549k
Effective rate2.60%

Value estimate

· Oct 2026
$545k
$491k – $600k
AI approach$545k
Submarket $/SF estimate$861k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DC
The purpose of the Downtown Core District is to preserve and enhance the mixed-use, pedestrian-oriented nature of the City downtown area
General categoryMIXED_USE
JurisdictionBURLEIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop22.6
HVAC Service17.4
Storage Facility16.4

Location

118 3rd St Bismarck, ND 58504-5584
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 Indiana, Bismarck, ND 58504-5417 $1,050,000 Jan 2026 8,200 SF
808 2nd, Bismarck, ND 58504-5720 $1,000,000 Sep 2023 14,050 SF
105 Mcdougall, Lincoln, ND 58504-8137 $387,518 Feb 2023 9,000 SF
6707 Humbert, Lincoln, ND 58504-3204 $211,000 Sep 2022 12,740 SF
913 Burlington, Bismarck, ND 58504-9520 $185,000 May 2022 8,908 SF
2706 Rock Is, Bismarck, ND 58504-7737 $740,000 Mar 2022 11,970 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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