New search
Property profile & analytics
OFF-MARKET
Commercial real estate
204 Washington Ave, Laurel, MT 59044-3330
Entity Owned
Free & Clear
Property ID
US52-0274696
Property summary
AI-generated overview
This 1500-square-foot industrial space, located in Laurel, MT, is available for lease starting February 1st, 2025. The property is a single-tenant warehouse with a flexible layout suitable for various commercial uses. Key features include a private bathroom and office space, adding convenience and functionality. The unit benefits from gas heating, ensuring a comfortable working environment. The space is described as very clean and well-maintained. The property is classified as industrial, with land included in the offering, although the exact acreage is not specified. This presents a great opportunity for businesses seeking a well-appointed, conveniently located warehouse space in Laurel. The monthly rental rate is $1500. The property is categorized as a warehouse, flex space, and commercial property, offering versatility for a range of potential tenants. Interested parties should inquire promptly to secure this desirable space. The building consists of a single suite.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
1.99 ac (86,859 SF)
Zoning code
HC
APN
03-0821-16-1-15-13-7000
UPID
US52-0274696
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
-
Steel Solutions 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
Lwb Holdtrrs LLC
Lwb Holdtrrs LLC
since 2025
7 recorded transactions
Zoning & alternative use
HC · Laurel, 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 Laurel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laurel 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
Assessed value
$991,234
Assessed 2023
Previous assessed
$644,085
+53.9% YoY
Land market value
$906,654
Improvement market value
$84,580
Total market value
$991,234
Applied tax rate
970.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
1.99 ac (86,859 SF)
Zoning code
HC
APN
03-0821-16-1-15-13-7000
UPID
US52-0274696
Jurisdiction
YELLOWSTONE
Zoning & alternative use
HC · Laurel, MT
Zoning HC · permitted uses
HC · Laurel, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Laurel. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.99 ac
Current owner
From public records · entity-resolved
Lwb Holdtrrs LLC
Entity
Free & Clear · 0 yrs held
Mailing address
204 S WASHINGTON AVE UNIT A4, LAUREL, MT 59044-3331
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Aug 22, 2025
—
Lwb Holdtrrs LLC
Burke Family Trust
Warranty Deed
—
Nov 6, 2023
—
Dawson Purkett
George Maas
Warranty Deed
—
Aug 2, 2023
—
Dubjay Properties LLC
Roland L Burke
Warranty Deed
$130,000 · Burke Family Trust
Dec 19, 2022
—
Robert C Balsam JR
Kingfisher LLC
Warranty Deed
—
Dec 8, 2022
—
Snow Cones LLC
—
Deed
related
$20,000 · Yellowstone Bank
Nov 30, 2021
—
George Maas
Jdw Industrial Park 2 LLC
Warranty Deed
$146,115 · Yellowstone Bank
Nov 10, 2021
—
Valley Financial Credit Union
Kdfj INC
Warranty Deed
—
Aug 26, 2021
—
Snow Drift Snow Cones LLC
Canyon Creek Stations LLC
Warranty Deed
$254,060 · Yellowstone Bank
May 13, 2021
—
George R Maas
Canyon Creek Stations LLC
Warranty Deed
$152,105 · Yellowstone Bank
Dec 8, 2020
—
Daniel S Mellor
Solberg Ents LLC
Warranty Deed
related
—
Dec 7, 2020
—
Burke Family Trust
Daniel S Mellor
Warranty Deed
—
Nov 19, 2020
—
Robertus Properties LLC
3-ds Trust
Warranty Deed
related
—
Oct 9, 2020
—
Todd Klein
Canyon Creek Stations LLC
Warranty Deed
related
—
Aug 19, 2020
—
Jdw Industrial Park 2 LLC
Canyon Creek Stations LLC
Warranty Deed
related
—
Jul 23, 2020
—
Lorenz Drew
James F Haar
Warranty Deed
$106,000 · Opportunity Bk/mt
Jun 12, 2019
—
Steven R Henry
Canyon Creek Stations LLC
Warranty Deed
$104,654 · First Interstate Bk
Nov 14, 2018
—
Stacey Bauer
—
Deed
related
$36,900 · Western Sec Bk
Oct 22, 2018
—
Ds 3 Trust
Haar,james F & Janet K
Warranty Deed
related
—
Nov 22, 2016
—
Scott D Chartier
Canyon Creek Stations LLC
Warranty Deed
related
—
—
—
Canyon Creek Stations LLC
—
Loan Modification
related
—
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 204 Washington Ave?
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.
