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Property profile & analytics
OFF-MARKET
Turn key restaurants
4100 Washington Ave Bismarck, ND 58503-6667
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US56-0111862
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2023
Total area
7,488 SF
Lot
2.02 ac (87,861 SF)
Zoning code
CG
APN
2295-001-050
UPID
US56-0111862
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
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
Old 10 Bar & Grill Bismarck LLC · 2 yrs held
Old 10 Bar & Grill Bismarck LLC
since 2023
Last sale
$147,000
6 recorded transactions
Zoning & alternative use
CG · 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
$16,993
Tax year 2023
Assessed value
$579,850
Assessed 2023
Previous assessed
$192,200
+201.7% YoY
Effective rate
2.93%
On assessed value
Assessed land
$192,200
Assessed improvement
$387,650
Land market value
$384,400
Improvement market value
$775,300
Total market value
$1,159,700
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2023
Total area
7,488 SF
Lot
2.02 ac (87,861 SF)
Zoning code
CG
APN
2295-001-050
UPID
US56-0111862
Jurisdiction
BURLEIGH
Zoning & alternative use
CG · Bismarck, ND
Zoning CG · permitted uses
CG · 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
2023
Lot
2.02 ac
Current owner
From public records · entity-resolved
Old 10 Bar & Grill Bismarck LLC
Entity
Mailing address
417 E MAIN ST, MANDAN, ND 58554-3334
Ownership since
2023
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
Jan 17, 2024
—
Swm Properties LLC
—
Deed
related
$52,964 · Lewis & Clark Regional Development Counc
Dec 28, 2023
—
Swm Properties LLC
—
Deed
related
$647,305 · Starion Bank
Dec 4, 2023
—
Old 10 Bar & Grill Bismarck LLC
Lwm Properties LLC
Deed
$10,789 · Lewis & Clark Certified Development
Sep 26, 2022
$147,000
Pam Gange Bernard
First Western Bank & Trusts
Personal Representative Deed
$647,305 · Starion Bank
Jun 10, 2022
$625,000
Todd Sando
Roy L Mindt
Warranty Deed
$1,342,680 · Starion Bank
Nov 1, 2021
$1,100,000
Swm Properties LLC
Hmp Development LLC
Warranty Deed
$770,000 · Starion Bank
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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