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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Grocery and convenience stores
2600 Rosser Ave Bismarck, ND 58501-5128
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US56-0230420
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1979
Total area
18,277 SF
Lot
2.19 ac (95,309 SF)
Zoning code
CA
APN
0655-001-001
UPID
US56-0230420
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
-
ATM Atm
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Loaf 'N Jug Grocery & Convenience Store
-
Western Union Bank Credit Union
-
MATPAC Wrestling Gym & Fitness Center Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.44M
Blend (final)
Blend
$1.06M
Owner & transaction history
Mini Mart INC · 2 yrs held
Mini Mart INC
since 2024
5 recorded transactions
Zoning & alternative use
CA · 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
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±10%
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
$58 / 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
$33,015
Tax year 2023
Assessed value
$1,246,600
Assessed 2023
Previous assessed
$1,149,250
+8.5% YoY
Effective rate
2.65%
On assessed value
Assessed land
$244,500
Assessed improvement
$1,002,100
Land market value
$489,000
Improvement market value
$2,004,200
Total market value
$2,493,200
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
1979
Total area
18,277 SF
Lot
2.19 ac (95,309 SF)
Zoning code
CA
APN
0655-001-001
UPID
US56-0230420
Jurisdiction
BURLEIGH
Zoning & alternative use
CA · Bismarck, ND
Zoning CA · permitted uses
CA · 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
1979
Lot
2.19 ac
Current owner
From public records · entity-resolved
Mini Mart INC
Entity
Mailing address
2600 E ROSSER AVE, BISMARCK, ND 58501-5128
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
—
Mini Mart INC
Matpac Properties LLC
Deed
—
Dec 6, 2023
—
Matpac Properties LLC
Matpac Wrestling Club INC
Quit Claim Deed
related
—
Aug 25, 2021
—
Matpac Wrestling Club INC
J & L Development INC
Warranty Deed
$1,300,001 · Dakota Community Bank & Trust NA
Feb 6, 2017
—
J & L Development INC
—
Deed
related
$2,076,500 · Bremer Bank NA
Jun 9, 2005
—
J & L Development INC
Boustead Properties INC
Warranty Deed
$6,600,000 · American Bank Center First
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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