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    Property profile & analytics

    231 Main St Billings, MT 59105-3231

    • Hotels
    • 43,262 SF
    • 1.94 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US52-0012488
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Country Inn & Suites by Radisson, Billings, MT / Hotel
    • stewart park / Park

    Property Details for 231 Main St

    Year built
    2002
    Construction
    WOOD
    Lot size
    1.94 lot acres
    Property size
    43,262 SF
    Zone code
    CC
    Property type
    Hotels
    Property subtype
    Motels
    APN
    03-1033-27-3-06-20-0000
    APU
    3103327306200000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.477
    Latitude
    45.803
    CBSA code
    13740
    CBSA name
    BILLINGS, MT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $55,962
    $0.00
    $0.00
    $4,479,000
    -
    $1,059,662
    $3,419,338
    $4,479,000

    Comparable in this City

    • Value Estimation by Request
      38,450 SF

      242 Airport Rd

      HOTEL/MOTEL • 38,450 SF
      242 Airport Rd, Billings, MT 59105-3007
      View Details
    • Value Estimation by Request
      5,736 SF

      1818 Main St

      HOTEL/MOTEL • 5,736 SF
      1818 Main St, Billings, MT 59105-4034
      View Details
    • Value Estimation by Request
      1.75 Acres

      522 Jaque Ln

      Land • 1.75 Acres
      522 Jaque Ln, Billings, MT 59105
      View Details
    • Value Estimation by Request
      1.58 Acres

      727 Bench Blvd

      Land • 1.58 Acres
      727 Bench Blvd, Billings, MT 59105
      View Details
    • Value Estimation by Request
      42.39 Acres

      Cherry Crk Loop

      MOBILE HOME PARK, TRAILER PARK • 42.39 Acres
      Cherry Crk Loop, Billings, MT 59105
      View Details
    • Value Estimation by Request
      0.26 Acres

      Clubhouse Way

      VACANT COMMERCIAL LAND • 0.26 Acres
      Clubhouse Way, Billings, MT 59105
      View Details

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      Developed lot with city services in Billings Heights.
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      Residential land with city services, close to amenities and schools.
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    Similar Nearby for Lease

    • $29 SF/Yr
      14,370 SF

      Prime Billings Office Space for Lease

      Modern Class A Office Building, 4 Suites Available
      502 Main St, Billings, MT 59105
      View Details
    • $580 /Mo
      480 SF

      480 SF Office For Lease $580/MO + Utilities

      480 SF Office For Lease $580/MO + Utilities
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    • $12 SF/Yr
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      Office Space in The Heights

      Office space for rent in a prime location.
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    • $10 SF/Yr
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      Two-Level Office Building For Lease

      9,449 SF office building with option to lease separately.
      11 East Airport Rd, Billings, MT 59105
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    • $26 SF/Yr
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      New Customizable Office Space

      Professional office space for lease in Billings Heights.
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    • $3,750 /Mo
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      Shop with Fenced Yard

      2,100 SF shop with 4-acre fenced yard for lease.
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      View Details

    Property Visit Statistics

    • Visits by month
      3.6k
    • Visitors by month
      3.2k
    • Avg Time on site
      11 min
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    231 Main St
    Billings, MT 59105-3231
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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