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Property profile & analytics
OFF-MARKET
Office buildings
19 25th St Billings, MT 59101-2314
Individually Owned
Property ID
US52-0944172
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1918
Construction
WOOD
Total area
7,000 SF
Lot
0.4 ac (17,511 SF)
Zoning code
CBD
APN
03-0927-03-1-48-16-0000
UPID
US52-0944172
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
-
Southside Law Center Law Firm
-
Yellowstone County Treatment Courts City Courthouse
-
Copy Right Printing Marketing & Advertising Printing Service
-
Neubauer Laurie K Medical Clinic
-
Bree Summers/ Courage Through Counseling, PLLC Crisis Center Medical Clinic
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
Karl A Graham
Karl A Graham
since 2026
6 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
$11,623
Tax year 2023
Assessed value
$930,300
Assessed 2023
Previous assessed
$930,300
+0.0% YoY
Effective rate
1.25%
On assessed value
Land market value
$157,274
Improvement market value
$773,026
Total market value
$930,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1918
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
7,000 SF
Lot
0.4 ac (17,511 SF)
Zoning code
CBD
APN
03-0927-03-1-48-16-0000
UPID
US52-0944172
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
1918
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Karl A Graham
Individual
Mailing address
4310 BRANDYWOOD DR, BILLINGS, MT 59106-9684
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2026
—
Karl A Graham
Christy A Blevins
Warranty Deed
—
Dec 17, 2020
—
Gayle Larsen West
—
Deed
related
$150,229 · Stockman Bank
Feb 18, 2016
—
Gayle L West
West,jock B
Quit Claim Deed
related
—
Jul 24, 2008
—
Jock B West
Foxley Sandra M Trust
Warranty Deed
$700,000 · Foxley Sandra M Trust (tr)
—
—
Jock B West
—
Loan Modification
related
—
—
—
West,jock B
—
Deed Of Trust
related
$250,000 · First Interstate Bk/tx
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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