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Financial
Distress signals
Property profile

1922 E Broadway Ave Bismarck, ND 58501

FOR SALE
Drive through restaurants
Property ID
US56-0540939
958 SF 0.43 ac lot Built 1972
Last sale Jan 2025 · $375,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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…

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?
$4k
Tax billed · 2023
Assessed value$167k
Assessed land$68k
Assessed improvement$100k
Effective rate2.60%

Value estimate

· Oct 2026
$380k
$342k – $418k
AI approach$380k
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 3.47% cap applied$19k

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?
3.47%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CG
The CG commercial district is a heavy commercial area located outside the central business district to provide commerce and service to th...
General categoryCOMMERCIAL
JurisdictionBURLEIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.9
Law Firm15.5
Restaurant9.9

Location

1922 E Broadway Ave Bismarck, ND 58501
County assessor Recorded deeds · 1 transfer 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
2214 Thayer, Bismarck, ND 58501-4957 $205,000 Feb 2025 1,200 SF
1914 12th, Bismarck, ND 58501-1904 $350,000 Feb 2024 2,560 SF
820 Broadway, Bismarck, ND 58501-4455 $195,000 Mar 2023 1,500 SF
323 1st, Bismarck, ND 58501-3814 $350,000 Nov 2022 1,104 SF
804 Main, Bismarck, ND 58501-4526 $250,000 Jun 2022 1,840 SF
1304 Interchange, Bismarck, ND 58501-2075 $2,110,000 Sep 2021 3,472 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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