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Property profile & analytics
OFF-MARKET
Assisted living facilities
2425 Hillview Ave Bismarck, ND 58501-3056
Individually Owned
19-yr Hold
Free & Clear
Property ID
US56-0132149
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1900
Lot
13.26 ac (577,388 SF)
Zoning code
RM30
APN
1220-001-001
UPID
US56-0132149
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
-
Aegis Therapies Physician
-
KJIT-LP Radio Station Telecommunications Service
-
Professional Pharmacy North Pharmacy
-
Professional Pharmacy Pharmacy
-
Jennifer Vesey, OTR Physician
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
Missouri Slope Lutheran Care Center · 19 yrs held
Missouri Slope Lutheran Care Center
since 2006
1 recorded transaction
Zoning & alternative use
RM30 · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The RM30 residential district is established as a district in which the principal use of land is for multifamily dwellings and similar high density residential development
Zone name
Residential Multifamily
General category
RESIDENTIAL
Zone area
640.97 ac
Source
Realmo
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
$28,119
Tax year 2023
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1900
Lot
13.26 ac (577,388 SF)
Zoning code
RM30
APN
1220-001-001
UPID
US56-0132149
Jurisdiction
BURLEIGH
Zoning & alternative use
RM30 · Bismarck, NDZoning RM30 · permitted uses
RM30 · Bismarck, ND
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The RM30 residential district is established as a district in which the principal use of land is for multifamily dwellings and similar high density residential development
Zone name
Residential Multifamily
General category
RESIDENTIAL
Zone area
640.97 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Lot
13.26 ac
Current owner
From public records · entity-resolved
Missouri Slope Lutheran Care Center
Individual
Free & Clear · 19 yrs held
Mailing address
4916 N WASHINGTON ST, BISMARCK, ND 58503-0559
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
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
Nov 30, 2006
—
Missouri Slope Lutheran Care Center
Missouri Slope Lutheran Care Center
Quit Claim Deed
related
—
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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