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Property profile & analytics
OFF-MARKET
Bars & Pubs
2111 Main Ave Bismarck, ND 58501-4937
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US56-0435584
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1955
Total area
1,186 SF
Lot
0.3 ac (13,160 SF)
Zoning code
MA
APN
0105-030-050
UPID
US56-0435584
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
-
Corral Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bricks N Ivy LLC · 17 yrs held
Bricks N Ivy LLC
since 2009
6 recorded transactions
Zoning & alternative use
MA · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,646
Tax year 2023
Assessed value
$101,800
Assessed 2023
Previous assessed
$89,200
+14.1% YoY
Effective rate
2.60%
On assessed value
Assessed land
$50,050
Assessed improvement
$51,750
Land market value
$100,100
Improvement market value
$103,500
Total market value
$203,600
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1955
Total area
1,186 SF
Lot
0.3 ac (13,160 SF)
Zoning code
MA
APN
0105-030-050
UPID
US56-0435584
Jurisdiction
BURLEIGH
Zoning & alternative use
MA · Bismarck, ND
Zoning MA · permitted uses
MA · 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
1955
Lot
0.3 ac
Current owner
From public records · entity-resolved
Bricks N Ivy LLC
Entity
Mailing address
1101 E AVE AVE E, BISMARCK, ND 58501-4203
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2022
—
Bricks N Ivy INC
—
Deed
related
$150,000 · Bnc National Bank
Sep 10, 2018
—
Bricks N Ivy INC
—
Deed
related
$46,802 · Kirkwood Bank & Trust Co
Jan 31, 2018
—
Bricks N Ivy INC
—
Deed
related
$65,658 · Kirkwood Bank & Trust Co
Jun 27, 2017
—
Bricks N Ivy INC
—
Deed
related
$56,860 · Kirkwood Bank & Trust Co
Apr 3, 2009
—
Bricks N Ivy LLC
Nh At 2111 E Main LLC
Warranty Deed
$201,307 · Kirkwood Bank & Trust Co
Apr 3, 2009
$37,093
Nh At 2111 E Main LLC
William B Senger
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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