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Property profile & analytics
FOR LEASE
Retail space
14 N 29Th St Billings, MT 59101
Entity Owned
5-yr Hold
Property ID
US52-0047087
For Lease
1 / 76
$7 SF/Yr
14 N 29Th St, Billings, MT 59101
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1915
Construction
WOOD
Total area
13,240 SF
Lot
0.16 ac (7,013 SF)
Zoning code
CBD
APN
03-0927-03-2-28-09-0000
UPID
US52-0047087
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
-
Made for Home Home Decor Store Department Store
-
Black Salt Hair Co. Hair Salon
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
Db 10 LLC · 5 yrs held
Db 10 LLC
since 2021
7 recorded transactions
Zoning & alternative use
CBD · 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
$10,452
Tax year 2023
Assessed value
$836,500
Assessed 2023
Previous assessed
$836,500
+0.0% YoY
Effective rate
1.25%
On assessed value
Land market value
$63,489
Improvement market value
$773,011
Total market value
$836,500
Applied tax rate
9,653.0000
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 Lease
Year built
1915
Construction
WOOD
Heating
HOT WATER
Cooling
AC.PACKAGE
Stories
2
Bathrooms
13
Total area
13,240 SF
Lot
0.16 ac (7,013 SF)
Zoning code
CBD
APN
03-0927-03-2-28-09-0000
UPID
US52-0047087
Jurisdiction
YELLOWSTONE
Zoning & alternative use
CBD · Billings, MT
Zoning CBD · permitted uses
CBD · 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
1915
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
2
Bathrooms
13
Lot
0.16 ac
Current owner
From public records · entity-resolved
Db 10 LLC
Entity
Mailing address
3312 4TH AVE N, BILLINGS, MT 59101-1205
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2023
—
Strum And Drake Development LLC
—
Deed
related
$333,836 · Western Security Bank
Jan 5, 2022
—
Sturm And Drake Development LLC
—
Deed
related
$1,170,325 · Western Security Bank
Apr 30, 2021
—
Db 10 LLC
Barbazon Apartments
Warranty Deed
$646,839 · Yellowstone Bank
Oct 3, 2019
—
Barbazon Apartments LP
—
Deed
related
$467,846 · First Interstate Bk
Feb 1, 2006
—
Barbazon Apartments
Grewell,donald A & Jacquelyn H
Quit Claim Deed
related
—
Jul 30, 1998
—
Donald A Grewell
Sturm & Drake INC
Grant Deed
$250,000 · Western Security Bank
—
—
Barbazon Apartments LP
—
Deed Of Trust
related
$246,000 · Stockman Bank Of Montana
—
—
Barbazon Apartments LP
—
Deed Of Trust
related
$246,000 · Stockman Bank Of Montana
—
—
Barbazon Apartments LP
—
Deed Of Trust
related
$467,846 · First Interstate Bk
—
—
Barbazon Apartments
—
Deed Of Trust
related
$245,000 · Stockman Bank Of Montana
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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