Back to Search
Property profile & analytics
OFF-MARKET
Manufacturing properties
1655 Coulson Rd Billings, MT 59101-7456
Individually Owned
16-yr Hold
Property ID
US52-0080170
Property profile
Verified
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Year built
2009
Construction
STEEL FRAME
Total area
26,212 SF
Lot
10.89 ac (474,238 SF)
Zoning code
HI
APN
03-1034-19-1-01-16-0000
UPID
US52-0080170
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
-
American Steel Inc. 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
William M Kronmiller · 16 yrs held
William M Kronmiller
since 2010
7 recorded transactions
Zoning & alternative use
HI · Billings, MT
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
$21,014
Tax year 2023
Assessed value
$1,983,100
Assessed 2023
Previous assessed
$1,983,100
+0.0% YoY
Effective rate
1.06%
On assessed value
Land market value
$862,446
Improvement market value
$1,120,654
Total market value
$1,983,100
Applied tax rate
1,241.0000
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
2009
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
26,212 SF
Lot
10.89 ac (474,238 SF)
Zoning code
HI
APN
03-1034-19-1-01-16-0000
UPID
US52-0080170
Jurisdiction
YELLOWSTONE
Zoning & alternative use
HI · Billings, MTZoning HI · permitted uses
HI · Billings, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
2009
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
2
Lot
10.89 ac
Current owner
From public records · entity-resolved
William M Kronmiller
Individual
Mailing address
1655 COULSON RD, BILLINGS, MT 59101-7456
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2025
—
Bkpn Properties LLC
—
Deed
related
$626,828 · Yellowstone Bank
Jan 14, 2019
—
Bkpn Properties LLC
—
Deed
related
$1,354,478 · Yellowstone Bk
Nov 1, 2018
—
Bkpn Properties LLC
—
Deed
related
$1,354,479 · Yellowstone Bank
Jun 8, 2010
—
American Steel INC
—
Trustees Deed
related
$2,485,096 · Yellowstone Bank
Jun 4, 2010
—
American Steel INC
—
Trustees Deed
related
$2,234,996 · Yellowstone Bank
Jan 11, 2010
—
William M Kronmiller
American Steel INC
Warranty Deed
—
Jan 6, 2010
—
American Steel INC
—
Trustees Deed
related
$2,234,996 · Yellowstone Bank
Oct 6, 2009
—
American Steel INC
—
Trustees Deed
related
$1,853,139 · Yellowstone Bank
Aug 19, 2005
—
American Steel INC
Cronoble,william R & Emily R
Warranty Deed
$181,931 · Yellowstone Bank
—
—
Bkpn Properties LLC
—
Deed Of Trust
related
$1,354,478 · Yellowstone Bk
—
—
Bkpn Properties LLC
—
Deed Of Trust
related
$1,759,120 · Yellowstone Bank
—
—
Bkpn Properties LLC
—
Deed Of Trust
related
$3,166,417 · Yellowstone Bank
—
—
American Steel INC
—
Deed Of Trust
related
—
—
—
Bkpn Properties LLC
—
Deed Of Trust
related
$1,419,000 · Big Sky Economic Dev Corp
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 1655 Coulson Rd?
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.
