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Property profile & analytics
OFF-MARKET
Car washes
1832 King W Ave, Billings, MT 59102-6459
Entity Owned
6-yr Hold
Property ID
US52-0094809
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1974
Construction
WOOD
Total area
10,130 SF
Lot
2.32 ac (101,233 SF)
Zoning code
CI
APN
03-0927-18-1-07-01-0000
UPID
US52-0094809
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
-
Glacier Express Car Wash 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
Car Spa LLC · 6 yrs held
Car Spa LLC
since 2020
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
$24,797
Tax year 2023
Assessed value
$2,210,829
Assessed 2023
Previous assessed
$2,210,829
+0.0% YoY
Effective rate
1.12%
On assessed value
Land market value
$1,726,739
Improvement market value
$484,090
Total market value
$2,210,829
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
10,130 SF
Lot
2.32 ac (101,233 SF)
Zoning code
CI
APN
03-0927-18-1-07-01-0000
UPID
US52-0094809
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
1974
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
2.32 ac
Current owner
From public records · entity-resolved
Car Spa LLC
Entity
Mailing address
447 COUNTRYMAN CRK RD, COLUMBUS, MT 59019-7307
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2024
—
Swilcan Car Wash Mt LLC
—
Deed
related
$995,000 · Bravera Bank
Oct 23, 2024
—
Swilcan Car Wash Mt LLC
—
Deed
related
$4,253,000 · Big Sky Economic Development Corp
Oct 15, 2024
—
Swilcan Car Wash Mt LLC
—
Deed
related
$4,160,000 · Bravera Bank
Feb 15, 2024
—
The Car Spa LLC
—
Deed
related
$1,262,644 · Valley Financial Cu
Aug 3, 2023
—
The Car Spa LLC
—
Deed
related
$251,846 · Opportunity Bank Of Mt
Mar 16, 2023
—
The Car Spa LLC
—
Deed
related
$5,689,390 · Opportunity Bank Of Mt
Aug 10, 2022
—
The Car Spa LLC
—
Deed
related
$5,040,348 · Opportunity Bank Of Mt
Mar 14, 2022
—
Car Spa LLC
—
Deed
related
$5,000,000 · Stearns Bank NA
Mar 4, 2022
—
The Car Spa LLC
—
Deed
related
$5,600,000 · Stearns Bank NA
Feb 28, 2020
—
Car Spa LLC
Yellowstone Bank
Grant Deed
$4,824,000 · Fountainhead Sbf LLC
Nov 27, 2019
$1,850,000
Yellowstone Bk
David III|luce
Trustees Deed
related
—
Mar 12, 2018
—
David Luce
—
Deed
related
$250,000 · Yellowstone Bk
Sep 28, 2017
—
David Luce
—
Trustees Deed
related
$1,999,900 · Yellowstone Bk
Mar 9, 2017
—
David Luce
—
Deed
related
$250,000 · Yellowstone Bk
Dec 31, 2012
—
Luce,david & Michelle
—
Trustees Deed
related
$250,000 · Yellowstone Bk
Apr 29, 2008
—
David Luce
Livingston Marble & Granite
Warranty Deed
$1,913,000 · Gmac Bank
Nov 27, 2007
—
Schatzi Family
Dutton,ernest & Leanne
Warranty Deed
—
Mar 5, 2007
—
King Overpass LLC
Schatzi Family
Warranty Deed
related
—
—
—
Luce,david & Michelle
—
Loan Modification
related
$1,500,000 · Yellowstone Bk
—
—
David Luce
—
Loan Modification
related
$250,000 · Yellowstone Bk
—
—
David Luce
—
Loan Modification
related
$250,000 · Yellowstone Bk
—
—
David Luce
—
Loan Modification
related
$250,000 · Yellowstone Bk
—
—
David Luce
—
Loan Modification
related
$250,000 · Yellowstone Bk
—
—
David Luce
—
Loan Modification
related
$250,000 · Yellowstone Bk
—
—
David Luce
—
Loan Modification
related
$250,000 · Yellowstone Bk
—
—
David Luce
—
Deed Of Trust
related
$1,940,000 · Yellowstone Bank
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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