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Property profile & analytics
OFF-MARKET
Manufacturing properties
1501 30th W St, Billings, MT 59102-6725
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US52-0053486
Property profile
Verified
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Year built
1977
Construction
STEEL FRAME
Total area
55,584 SF
Lot
14.78 ac (643,599 SF)
Zoning code
CI
APN
03-0926-13-3-04-01-0000
UPID
US52-0053486
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
-
TrueNorth Steel - Billings Factory Production Facility
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
Rommesmo Family LP · 14 yrs held
Rommesmo Family LP
since 2012
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
$79,839
Tax year 2023
Assessed value
$7,118,041
Assessed 2023
Previous assessed
$7,118,041
+0.0% YoY
Effective rate
1.12%
On assessed value
Land market value
$1,306,051
Improvement market value
$5,811,990
Total market value
$7,118,041
Applied tax rate
981.0000
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
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Status
Off-Market
Year built
1977
Construction
STEEL FRAME
Heating
SPACE
Cooling
CENTRAL
Buildings
11
Stories
2
Total area
55,584 SF
Lot
14.78 ac (643,599 SF)
Zoning code
CI
APN
03-0926-13-3-04-01-0000
UPID
US52-0053486
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
1977
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
2
Buildings
11
Lot
14.78 ac
Current owner
From public records · entity-resolved
Rommesmo Family LP
Entity
Free & Clear · 14 yrs held
Mailing address
4401 MAIN AVE, FARGO, ND 58103-1133
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2018
—
Rommesmo Family LP
—
Deed
related
$1,000,000 · Wells Fargo Bk
Apr 26, 2018
—
Rommesmo Family LP
—
Loan Modification
related
$14,000,000 · Wells Fargo Bk
Feb 10, 2017
—
Rommesmo Family LP
—
Grant Deed
related
$2,894,650 · Wells Fargo Bk
May 1, 2012
—
Rommesmo Family LP
Tony Creek LLC
Grant Deed
related
—
Nov 4, 2011
—
Rommesmo Family LP
—
Deed Of Trust
related
$4,000,000 · Wells Fargo Bank
Sep 2, 2011
—
Rommesmo Family LP
Tony Creek LLC
Warranty Deed
related
—
Jun 8, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Rommesmo Family LP
—
Loan Modification
related
$1,000,000 · Wells Fargo 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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