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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Grocery and convenience stores
207 Rosser Ave Bismarck, ND 58501-3868
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US56-0420805
Property summary
AI-generated overview
This exceptional 1,750 square foot convenience store, built in 1982, is situated on a 15,000 square foot lot in Bismarck, North Dakota, at 207 E Rosser Avenue, zip code 58501. The property is zoned DF - Downtown Fringe Zoning and boasts a single-story building. This turnkey operation presents a unique opportunity for investors seeking a well-established business in a high-demand area. Its strategic location in the heart of downtown Bismarck offers unparalleled visibility and accessibility. The property is conveniently located just blocks from Sanford and CHI Hospitals, ensuring a consistent flow of customers. Furthermore, its proximity to the post office and federal courthouse provides additional foot traffic and potential clientele. While the property currently operates as a convenience store, the versatile zoning and location allow for a range of potential uses. Please note that gas pumps and canopy are not included in the sale. The asking price for this exceptional property is $550,000. This is a rare opportunity to acquire a thriving business in a prime downtown location.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1982
Total area
1,750 SF
Lot
0.34 ac (15,000 SF)
Zoning code
DF
APN
0001-108-020
UPID
US56-0420805
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Western Union Bank Credit Union
-
Kum & Go Gas Station
-
Amazon Hub Counter - Kum & Go Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
$325k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
The Title Team Co · 1 yrs held
The Title Team Co
since 2025
Last sale
$525,637
1 recorded transaction
Zoning & alternative use
DF · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bismarck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bismarck submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$470,000
CAP Approach
CAP Return
Estimation
6%
$350,000
6.5%
$325,000
7%
$300,000
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $526k (Jan 7 2025)
Last sale anchor
$526k
Jan 7 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$289 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,410
Tax year 2023
Assessed value
$276,250
Assessed 2023
Previous assessed
$253,450
+9.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$116,750
Assessed improvement
$159,500
Land market value
$233,500
Improvement market value
$319,000
Total market value
$552,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1982
Total area
1,750 SF
Lot
0.34 ac (15,000 SF)
Zoning code
DF
APN
0001-108-020
UPID
US56-0420805
Jurisdiction
BURLEIGH
Zoning & alternative use
DF · Bismarck, ND
Zoning DF · permitted uses
DF · Bismarck, ND
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bismarck. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Lot
0.34 ac
Current owner
From public records · entity-resolved
The Title Team Co
Entity
Free & Clear · 1 yrs held
Mailing address
1459 GRAND AVE, DES MOINES, IA 50309-3005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2025
$525,637
The Title Team Co
Froelich Land Limited Partnership
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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