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Property profile & analytics
OFF-MARKET
Retail space
2025 2nd NW Ave, Great Falls, MT 59404-2063
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US52-0062386
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Construction
STEEL FRAME
Total area
7,370 SF
Lot
8.79 ac (382,718 SF)
Zoning code
1
APN
02-3015-03-3-04-01-0000
UPID
US52-0062386
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
-
Forde Nursery Landscaping General Contractor
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
Forde Properties LLC · 7 yrs held
Forde Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
1 · Great Falls, 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 Great Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Great Falls 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
$16,610
Tax year 2023
Assessed value
$756,800
Assessed 2023
Previous assessed
$756,800
+0.0% YoY
Effective rate
2.19%
On assessed value
Land market value
$211,691
Improvement market value
$545,109
Total market value
$756,800
Applied tax rate
7,098.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
7,370 SF
Lot
8.79 ac (382,718 SF)
Zoning code
1
APN
02-3015-03-3-04-01-0000
UPID
US52-0062386
Jurisdiction
CASCADE
Zoning & alternative use
1 · Great Falls, MT
Zoning 1 · permitted uses
1 · Great Falls, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Great Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
2
Lot
8.79 ac
Current owner
From public records · entity-resolved
Forde Properties LLC
Entity
Mailing address
2025 2ND AVE NW, GREAT FALLS, MT 59404-2063
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2019
—
Forde Properties LLC
—
Deed
related
$250,000 · Stockman Bk/mt
May 17, 2018
—
Forde Properties LLC
—
Trustees Deed
related
$249,900 · Stockman Bk/mt
Apr 28, 2017
—
R Forde Bruce
—
Deed
related
$250,000 · Stockmens Bk
May 13, 2016
—
Forde Properties LLC
—
Deed
related
$250,000 · Stockman Bk/mt
Apr 21, 2011
—
Forde Properties LLC
—
Trustees Deed
related
$350,000 · Stockman Bk/mt
Sep 8, 2010
—
Forde Properties LLC
—
Trustees Deed
related
$425,000 · Stockman Bank Of Montana
Jun 23, 2009
—
Bruce R Forde
—
Trustees Deed
related
$400,000 · Stockman Bank Of Montana
Jun 6, 2008
—
Forde Nursery & Landscaping
—
Trustees Deed
related
$350,000 · Stockman Bank Mt (west)
Jun 1, 2004
—
Forde Nursery & Landscaping
—
Trustees Deed
related
$350,000 · Stockman Bank Mt (west)
—
—
Forde Properties LLC
—
Loan Modification
related
$250,000 · Stockman Bk/mt
—
—
Forde Nursery & Landscaping
—
Deed Of Trust
related
$100,000 · Stockman Bank Of Montana
—
—
R Forde Bruce
—
Loan Modification
related
$250,000 · Stockmens Bk
—
—
Forde Properties LLC
—
Deed Of Trust
related
$350,000 · Stockman Bank Of Montana
—
—
Bruce R Forde
—
Deed Of Trust
related
$351,021 · Stockman Bk/montana Grt Falls
—
—
Forde Properties LLC
—
Loan Modification
related
$250,000 · Stockman Bk/mt
—
—
Forde Nursery INC
—
Loan Modification
related
$350,000 · Stockman Bank Of Montana
—
—
Forde Nursery INC
—
Loan Modification
related
$250,000 · Stockman Bk/mt
—
—
Forde Nursery INC
—
Loan Modification
related
$250,000 · Stockman Bk/mt
—
—
Forde Nursery INC
—
Loan Modification
related
$250,000 · Stockman Bk/mt
—
—
Forde Nursery INC
—
Loan Modification
related
$312,439 · Stockman Bk/mt
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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