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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2648 Poly Dr Billings, MT 59102-1452
Individually Owned
16-yr Hold
Property ID
US52-0032095
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1964
Construction
WOOD
Total area
4,200 SF
Lot
0.32 ac (13,983 SF)
Zoning code
R-96
APN
03-1032-35-2-06-15-0000
UPID
US52-0032095
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
-
Poly Food Basket Grocery & Convenience Store Food Market
-
LibertyX Bitcoin ATM Atm
-
All Paws Montana Pet Grooming Service
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
Terra L Pierce · 16 yrs held
Terra L Pierce
since 2009
4 recorded transactions
Zoning & alternative use
R-96 · Billings, MT
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 Billings submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Billings 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
$3,527
Tax year 2023
Assessed value
$282,300
Assessed 2023
Previous assessed
$282,300
+0.0% YoY
Effective rate
1.25%
On assessed value
Land market value
$110,859
Improvement market value
$171,441
Total market value
$282,300
Applied tax rate
965.0000
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
CONVENIENCE STORE
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Total area
4,200 SF
Lot
0.32 ac (13,983 SF)
Zoning code
R-96
APN
03-1032-35-2-06-15-0000
UPID
US52-0032095
Jurisdiction
YELLOWSTONE
Zoning & alternative use
R-96 · Billings, MTZoning R-96 · permitted uses
R-96 · Billings, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Terra L Pierce
Individual
Mailing address
3115 PLACER DR, BILLINGS, MT 59102-0842
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2009
—
Terra L Pierce
Dubeau,cecile H
Grant Deed
—
Jul 31, 2009
—
Food LLP Dambrosia
Pierce,terra L
Warranty Deed
$247,500 · Yellowstone Bank
Sep 23, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Aug 31, 2005
—
Food LLP Dambrosia
Owner Name Unavailable
Grant Deed
—
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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