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Property profile & analytics
OFF-MARKET
Estimated value
$3,500,000
Drive through restaurants
4424 Skyline Crossings Bismarck, ND 58503-1237
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US56-0743508
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2021
Total area
4,151 SF
Lot
1.22 ac (53,274 SF)
Zoning code
CG
APN
1453-001-101
UPID
US56-0743508
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
-
Culver's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.50M
Owner & transaction history
Bismarck Custard 823 LLC · 4 yrs held
Bismarck Custard 823 LLC
since 2022
Last sale
$3.4M
5 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
$843 / 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
$21,918
Tax year 2023
Assessed value
$834,600
Assessed 2023
Previous assessed
$765,700
+9.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$395,850
Assessed improvement
$438,750
Land market value
$791,700
Improvement market value
$877,500
Total market value
$1,669,200
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2021
Total area
4,151 SF
Lot
1.22 ac (53,274 SF)
Zoning code
CG
APN
1453-001-101
UPID
US56-0743508
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
2021
Lot
1.22 ac
Current owner
From public records · entity-resolved
Bismarck Custard 823 LLC
Entity
Mailing address
3197 25TH ST S, FARGO, ND 58103-5025
Ownership since
2022
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
Jun 1, 2022
$3,362,366
Bismarck Custard 823 LLC
Harry And Sammi Investments LLC
Warranty Deed
$3,090,200 · Alerus Financial NA
Jun 1, 2022
—
Bismarck Custard 823 LLC
—
Deed
related
$3,909,800 · Alerus Financial NA
May 26, 2022
—
Kate Brovold Pazanin
Sally J Brovold
Intrafamily Transfer
related
$59,622 · Lewis And Clark Regional Developmen
Apr 28, 2022
—
Harry And Sammiinvestments LLC
Shg LLC
Quit Claim Deed
related
$1,393,400 · Vue Community Cu
Nov 3, 2020
$1,063,185
Shg LLC
Kobe Development LLC
Warranty Deed
$500,000 · Vue Community Cu
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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