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Property profile & analytics
OFF-MARKET
Showrooms
2885 Farley Ln Billings, MT 59101-7328
Entity Owned
10-yr Hold
Property ID
US52-0049802
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2009
Construction
STEEL FRAME
Total area
24,684 SF
Lot
20 ac (871,244 SF)
Zoning code
HI
APN
03-1034-18-4-01-15-0000
UPID
US52-0049802
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
-
Atomic Industries ® Production Facility Industrial Manufacturer
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
Taco Co LLC · 10 yrs held
Taco Co LLC
since 2015
7 recorded transactions
Zoning & alternative use
HI · 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
$30,218
Tax year 2023
Assessed value
$2,851,700
Assessed 2023
Previous assessed
$2,851,700
+0.0% YoY
Effective rate
1.06%
On assessed value
Land market value
$1,472,916
Improvement market value
$1,378,784
Total market value
$2,851,700
Applied tax rate
1,241.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2009
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
24,684 SF
Lot
20 ac (871,244 SF)
Zoning code
HI
APN
03-1034-18-4-01-15-0000
UPID
US52-0049802
Jurisdiction
YELLOWSTONE
Zoning & alternative use
HI · Billings, MTZoning HI · permitted uses
HI · 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
2009
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
20 ac
Current owner
From public records · entity-resolved
Taco Co LLC
Entity
Mailing address
2885 FARLEY LN, BILLINGS, MT 59101-7328
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2021
—
Taco Co LLC
—
Deed
related
$500,000 · Western Security Bank
Nov 18, 2020
—
Taco Co LLC
—
Deed
related
—
Nov 12, 2019
—
Taco Co LLC
—
Deed
related
—
Jan 3, 2018
—
Taco Co LLC
—
Deed
related
$500,000 · First Interstate Bk
Dec 13, 2017
—
Taco Co LLC
—
Deed
related
$400,000 · First Interstate Bk
May 5, 2017
—
Taco Co LLC
—
Deed
related
$300,000 · First Interstate Bank
Feb 3, 2017
—
Taco Co LLC
—
Deed
related
—
Dec 4, 2015
—
Taco Co LLC
Mc Real Estate Holdings INC
Special Warranty Deed
$1,636,578 · First Interstate Bank
Feb 3, 2015
$1,826,938
Mc Real Estate Holdings INC
Lamdin William D III|flying A Holdings LLC
Trustees Deed
related
—
Dec 9, 2013
—
Flying A Holdings LLC
—
Trustees Deed
related
$600,000 · Kyle A Berger
Jul 1, 2013
—
Flying A Holdings LLC
Zoot Properties LLC
Warranty Deed
$1,785,291 · Stockman Bank
Jul 7, 2008
—
Zoot Properties LLC
Lockwood Industrial Dev LLC
Warranty Deed
—
Mar 25, 2008
—
Lockwood Industrial Dev LLC
Halsey,n R
Warranty Deed
—
Dec 19, 2007
—
N R Halsey
Johnson Lane Materials LLC
Warranty Deed
$177,170 · First Interstate Bank
Aug 30, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Aug 16, 2004
—
Johnson Lane Materials LLC
—
Trustees Deed
related
$37,000 · First Interstate Bank
—
—
Taco Co LLC
—
Loan Modification
related
—
—
—
Taco Co LLC
—
Loan Modification
related
$500,000 · First Interstate Bk
—
—
Taco Co LLC
—
Loan Modification
related
$400,000 · First Interstate Bk
—
—
Johnson Lane Materials LLC
—
Deed Of Trust
related
$1,075,000 · First Interstate Bank
—
—
Taco Co LLC
—
Loan Modification
related
—
—
—
Johnson Lane Materials LLC
—
Deed Of Trust
related
—
—
—
Zoot Properties LLC
—
Deed Of Trust
related
$1,813,000 · Stockman Bank Of Montana
—
—
Taco Co LLC
—
Loan Modification
related
—
—
—
Johnson Lane Materials LLC
—
Deed Of Trust
related
$235,242 · Yellowstone Bank
—
—
Johnson Lane Materials LLC
—
Deed Of Trust
related
$465,006 · Yellowstone Bank
—
—
Johnson Lane Materials LLC
—
Deed Of Trust
related
$235,242 · Yellowstone Bank
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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