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Property profile & analytics
OFF-MARKET
Investment properties
108 31st St Billings, MT 59101-3905
Individually Owned
12-yr Hold
Property ID
US52-0067685
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1969
Construction
WOOD
Total area
315 SF
Lot
0.16 ac (7,013 SF)
Zoning code
CI
APN
03-0927-03-3-47-04-0000
UPID
US52-0067685
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
-
Barrio Golden Gloves Gym & Fitness Center
-
Barrio Graffix Marketing & Advertising Advertising Agency
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
Manuel G Florez · 12 yrs held
Manuel G Florez
since 2014
7 recorded transactions
Zoning & alternative use
CI · Billings, MT
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 Billings submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Billings 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
$2,102
Tax year 2023
Assessed value
$231,611
Assessed 2023
Previous assessed
$231,611
+0.0% YoY
Effective rate
0.91%
On assessed value
Land market value
$33,451
Improvement market value
$198,160
Total market value
$231,611
Applied tax rate
965.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1969
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
315 SF
Lot
0.16 ac (7,013 SF)
Zoning code
CI
APN
03-0927-03-3-47-04-0000
UPID
US52-0067685
Jurisdiction
YELLOWSTONE
Zoning & alternative use
CI · Billings, MT
Zoning CI · permitted uses
CI · Billings, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Billings. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
6
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Manuel G Florez
Individual
Mailing address
108 S 31ST ST, BILLINGS, MT 59101-3905
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2022
—
Manuel Gilbert Florez
—
Deed
related
$210,000 · The Federal Savings Bank
Jun 22, 2021
—
Manuel Gilbert Florez
—
Deed
related
$144,600 · Quicken Loans LLC
Feb 10, 2020
—
Manuel G Florez
—
Deed
related
$117,790 · Quicken Lns
Mar 5, 2018
—
Manuel G Florez
—
Deed
related
$28,000 · Stockman Bk/mt
Aug 4, 2017
—
Manuel G Florez
—
Deed
related
$84,000 · Stockman Bk/mt
Jan 23, 2014
—
Manuel G Florez
Florez,maria A & Manuel G
Quit Claim Deed
related
$43,355 · Stockman Bk/mt
Dec 29, 2010
—
Maria A Florez
Florez,maria A
Quit Claim Deed
related
—
—
—
Manuel G Florez
—
Deed Of Trust
related
$84,000 · Stockman Bk/mt
—
—
Manuel G Florez
—
Deed Of Trust
related
$28,000 · Stockman Bk/mt
—
—
Manuel G Florez
—
Deed Of Trust
related
$117,790 · Quicken Lns
—
—
Maria A Florez
—
Deed Of Trust
related
$39,275 · Us 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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