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Property profile & analytics
FOR SALE
Retail space
1315 6Th Ave N Billings, MT 59101
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US52-0046587
For Sale
$575,000
1315 6Th Ave N, Billings, MT 59101
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1959
Construction
STEEL FRAME
Total area
6,811 SF
Lot
0.34 ac (14,985 SF)
Zoning code
CC
APN
03-1033-33-1-20-01-0000
UPID
US52-0046587
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
-
Rimview Automotive Car Dealership
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
R & S Ents LLC · 8 yrs held
R & S Ents LLC
since 2017
7 recorded transactions
Zoning & alternative use
CC · 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
$4,495
Tax year 2023
Assessed value
$359,800
Assessed 2023
Previous assessed
$359,800
+0.0% YoY
Effective rate
1.25%
On assessed value
Land market value
$135,014
Improvement market value
$224,786
Total market value
$359,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1959
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
6,811 SF
Lot
0.34 ac (14,985 SF)
Zoning code
CC
APN
03-1033-33-1-20-01-0000
UPID
US52-0046587
Jurisdiction
YELLOWSTONE
Zoning & alternative use
CC · Billings, MT
Zoning CC · permitted uses
CC · 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
1959
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
R & S Ents LLC
Entity
Mailing address
1102 EMERALD HLS DR, BILLINGS, MT 59101-7219
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2025
—
R & S Enterprises LLC
—
Deed
related
$403,569 · Yellowstone Bank
Apr 2, 2025
—
Bob Young
—
Deed
related
$505,417 · Yellowstone Bank
Mar 9, 2020
—
R & S Ents LLC
—
Deed
related
$600,000 · Yellowstone Bk
Dec 13, 2018
—
R & S Ents LLC
—
Deed
related
$600,000 · Yellowstone Bk
Oct 18, 2018
—
Bob Young
—
Deed
related
$140,000 · Yellowstone Bk
Dec 1, 2017
—
Young Living Trust
—
Deed Of Trust
related
$600,000 · Yellowstone Bk
Nov 8, 2017
—
R & S Ents LLC
Young,bob & Susan
Warranty Deed
related
—
Sep 28, 2015
—
Bob Young
1315 6th Avenue North LLC
Warranty Deed
$140,000 · Yellowstone Bank
May 26, 2015
—
1315 6th Avenue North LLC
—
Trustees Deed
related
$151,490 · First Interstate Bk
Jan 13, 2014
—
1315 6th Avenue North LLC
Hass Properties LLC
Grant Deed
related
—
Dec 10, 2013
—
1365 6th Avenue North LLC
Hass Properties LLC
Grant Deed
related
—
May 3, 2013
—
Hass Properties LLC
Sally Jo Bishop
Special Warranty Deed
$151,715 · Stockman Bank
—
—
Hass Properties LLC
—
Loan Modification
related
$151,491 · Stockman Bank Of Montana
—
—
R & S Ents LLC
—
Loan Modification
related
$600,000 · Yellowstone Bk
—
—
Dorothy D Hagerman
—
Deed Of Trust
related
$20,533 · First Interstate Bank
—
—
R & S Ents LLC
—
Loan Modification
related
$600,000 · Yellowstone Bk
—
—
Hass Properties LLC
—
Loan Modification
related
$151,512 · Stockman Bk/mt
—
—
Bob Young
—
Loan Modification
related
$140,000 · Yellowstone Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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