Individually Owned Property summary
AI-generated overview
The property is a commercial building in Glendive, Montana, located near the courthouse, city hall, and library. It previously operated as a law office for decades and is situated on a 0.09-acre lot. The building contains approximately 2,120 square feet of living area and includes a kitchen and a bathroom on each level. The main level and upstairs area were configured as office spaces, and the basement was used for storage. Heating is provided by forced-air natural gas, with central air conditioning. The building is under commercial zoning and has the potential for conversion to a residential configuration, including a potential 4-bedroom layout.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1905
Construction
WOOD
Total area
2,022 SF
Lot
0.09 ac (3,746 SF)
Zoning code
6
APN
16-2612-35-1-11-05-0000
UPID
US52-0704847
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Law Firm
Location
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
Zoning & alternative use
6 · Glendive, MT
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
2,022 SF
Lot area
0.09 ac
Year built
1905
Stories
1
APN
16-2612-35-1-11-05-0000
Zoning
6
Assessed value
$80,800
Annual tax
$1,905
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$81k
Move the market yield to see immediate price impact.
Value / SF
$40
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$5k
$102k
$73k
$57k
$6k
$113k
$81k
$63k
$6k
$124k
$89k
$69k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,905
Tax year 2024
Assessed value
$80,800
Assessed 2024
Previous assessed
$80,800
+0.0% YoY
Effective rate
2.36%
On assessed value
Land market value
$22,341
Improvement market value
$58,459
Total market value
$80,800
Applied tax rate
206.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1905
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Units
2
Total area
2,022 SF
Lot
0.09 ac (3,746 SF)
Zoning code
6
APN
16-2612-35-1-11-05-0000
UPID
US52-0704847
Jurisdiction
DAWSON
Zoning & alternative use
6 · Glendive, MTZoning 6 · permitted uses
6 · Glendive, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1905
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.09 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
6
Jurisdiction
Glendive, MT
Recorded code
6
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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