New search
Property profile & analytics
OFF-MARKET
Automotive properties
1501 1st N Ave, Billings, MT 59101-2611
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US52-0088255
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1995
Construction
WOOD
Total area
1,488 SF
Lot
0.56 ac (24,481 SF)
Zoning code
CI
APN
03-1033-33-4-18-01-0000
UPID
US52-0088255
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
-
A's Auto Detailing Car Wash
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
Evervander LLC · 3 yrs held
Evervander LLC
since 2022
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
$5,282
Tax year 2023
Assessed value
$422,800
Assessed 2023
Previous assessed
$422,800
+0.0% YoY
Effective rate
1.25%
On assessed value
Land market value
$219,444
Improvement market value
$203,356
Total market value
$422,800
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
1,488 SF
Lot
0.56 ac (24,481 SF)
Zoning code
CI
APN
03-1033-33-4-18-01-0000
UPID
US52-0088255
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
1995
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Evervander LLC
Entity
Mailing address
1525 1ST AVE N, BILLINGS, MT 59101-2611
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
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2022
—
Evervander LLC
Jeremy Erving
Warranty Deed
$456,158 · First Interstate Bank
Jul 27, 2021
—
Jeremy R Erving
—
Deed
related
$100,000 · First Federal Bank & Trust
Apr 16, 2019
—
Jeremy Erving
—
Deed
related
$401,865 · Yellowstone Bk
Dec 17, 2018
—
Jeremy Erving
—
Deed
related
$401,865 · Yellowstone Bk
Jan 24, 2018
—
Jeremy Erving
—
Deed
related
$401,865 · Yellowstone Bk
Jan 11, 2017
—
Jeremy Erving
—
Deed
related
$401,865 · Yellowstone Bk
Nov 16, 2016
—
Jeremy Erving
—
Trustees Deed
related
$50,458 · Yellowstone Bk
Apr 12, 2016
—
Jeremy Erving
—
Trustees Deed
related
$401,865 · Yellowstone Bk
May 15, 2009
—
Magic City Motors INC
—
Trustees Deed
related
$300,000 · First Interstate Bank
Nov 2, 2006
—
Jeremy Erving
Steve Marks
Warranty Deed
$300,884 · First Citizens Bank
Mar 23, 2005
—
Steve Marks
Pdr Investments INC
Quit Claim Deed
related
—
Aug 21, 1998
—
P D R Investment INC
Guy,tina
Quit Claim Deed
related
—
—
—
Magic City Motors INC
—
Deed Of Trust
related
$425,000 · First Interstate Bank
—
—
Magic City Motors INC
—
Deed Of Trust
related
—
—
—
Jeremy Erving
—
Loan Modification
related
$401,865 · Yellowstone Bk
—
—
Jeremy Erving
—
Loan Modification
related
$50,458 · Yellowstone Bk
—
—
Jeremy Erving
—
Loan Modification
related
$401,865 · Yellowstone Bk
—
—
Magic City Motors INC
—
Deed Of Trust
related
—
—
—
Jeremy Erving
—
Deed Of Trust
related
$350,000 · Rocky Mountain Bank
—
—
Jeremy Erving
—
Deed Of Trust
related
$227,952 · Rocky Mountain Bank
—
—
Jeremy Erving
—
Loan Modification
related
$401,865 · Yellowstone Bk
—
—
Jeremy Erving
—
Loan Modification
related
$50,458 · Yellowstone Bk
—
—
Jeremy Erving
—
Loan Modification
related
$50,458 · Yellowstone Bk
—
—
Jeremy Erving
—
Loan Modification
related
$401,865 · 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?”
You own 1501 1st N Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
