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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
205 1st Ave, Laurel, MT 59044-3305
Individually Owned
2-yr Hold
Free & Clear
Property ID
US52-0012487
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1959
Construction
WOOD
Total area
30,345 SF
Lot
2.55 ac (110,991 SF)
Zoning code
HC
APN
03-0821-16-1-09-04-0000
UPID
US52-0012487
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
-
Albertsons Grocery & Convenience Store Food Market
-
Albertsons Pharmacy Pharmacy
-
Starbucks Cafe & Coffee Shop
-
Albertsons Floral (Bike/Boat/Book/etc) Store Florist
-
Primo Water Exchange Big Box & Wholesale Store
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
Albertsons Companies · 2 yrs held
Albertsons Companies
since 2023
3 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
Tax billed
$24,481
Tax year 2023
Assessed value
$2,195,759
Assessed 2023
Previous assessed
$2,195,759
+0.0% YoY
Effective rate
1.11%
On assessed value
Land market value
$1,085,249
Improvement market value
$1,110,510
Total market value
$2,195,759
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
30,345 SF
Lot
2.55 ac (110,991 SF)
Zoning code
HC
APN
03-0821-16-1-09-04-0000
UPID
US52-0012487
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
Year built
1959
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
2.55 ac
Current owner
From public records · entity-resolved
Albertsons Companies
Individual
Free & Clear · 2 yrs held
Mailing address
250 E PARKCENTER BLVD BOISE, BOISE
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2023
—
Albertsons Companies
Yellowstone County
Redemption Deed
related
—
Jun 19, 2020
—
Abs Mt-o LLC
Pacific Rsrcs Assocs LLC
Grant Deed
related
—
Oct 26, 2000
—
Pacific Resources Assoc LLC
Property Dev Associates
Grant Deed
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.
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