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    Property profile & analytics

    1922 Broadway Ave Bismarck, ND 58501-4758

    • Drive through restaurants
    • 958 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    Jan 23, 2025
    $375,000
    Location Intelligence
    Property ID
    US56-0540939
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Taco John's / Breakfast Restaurant / Diner

    Property Details for 1922 Broadway Ave

    Year built
    1972
    Lot size
    0.43 lot acres
    Property size
    958 SF
    Zone code
    CG
    Property type
    Drive through restaurants
    APN
    0105-018-010
    APU
    105018010

    Description

    This 1,578-square-foot restaurant in Bismarck, North Dakota, presents a compelling investment opportunity at $415,000. Situated on a spacious 18,914-square-foot lot, this single-unit property, built in 1972 and renovated in 1995, features a convenient drive-thru. The building includes a 958-square-foot main footprint, supplemented by 260 square feet of storage and cooler space, and a 360-square-foot basement. Key features include two 10' x 8' walk-in coolers/freezers, a grease hood and condensation hood, three-compartment and handwashing sinks, exhaust fans, make-up air units, and two rooftop HVAC units. A small dining area with seating for 31 is included, along with a restroom and a 12' x 30' basement containing a bathroom, grease trap, and reverse osmosis water purifier. The property boasts a fire suppression system, a security system, two 250-amp electrical panels, and three 240v outlets in the kitchen. A pylon sign, menu board, and drive-thru technology are also included. The 2023 property taxes were $4,350.72, with a zero special assessment balance. This well-equipped restaurant is ready for immediate operation.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $430,000
      6.5%
      $420,000
      7%
      $470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $485,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $380,000
      Mixed-Use
      $400,000
      Hospitality
      $500,000
      Educational
      $415,000
      Residential Income
      $490,000
      Energy
      $440,000
      Income-Based Land
      $415,000
      Food Service
      $375,000

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.762
    Latitude
    46.8066
    CBSA code
    13900
    CBSA name
    BISMARCK, ND METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,351
    $67,750
    $99,650
    $167,400
    -
    $135,500
    $199,300
    $334,800

    Comparable in this City

    • Value Estimation
      $275,000
      814 SF

      230 Broadway Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 814 SF
      230 Broadway Ave, Bismarck, ND 58501-3736
      View Details
    • Value Estimation
      $600,000
      3,742 SF

      4000 Dv Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,742 SF
      4000 Dv Ave, Bismarck, ND 58501-7904
      View Details
    • Value Estimation
      $335,000
      1,556 SF

      1804 13th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,556 SF
      1804 13th St, Bismarck, ND 58501-1971
      View Details
    • Value Estimation by Request
      3,514 SF

      825 Broadway Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,514 SF
      825 Broadway Ave, Bismarck, ND 58501-4456
      View Details
    • Value Estimation
      $395,000
      616 SF

      1320 Main Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 616 SF
      1320 Main Ave, Bismarck, ND 58501-4669
      View Details
    • Value Estimation
      $520,000
      2,020 SF

      1911 13th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,020 SF
      1911 13th St, Bismarck, ND 58501-1973
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,578 SF

      Drive-Thru Restaurant Space Available

      1,578 SF drive-thru restaurant space for lease.
      1922 E Broadway Ave, Bismarck, ND 58501
      View Details
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    1922 Broadway Ave
    Bismarck, ND 58501-4758
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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