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Property profile & analytics
OFF-MARKET
Estimated value
$435,000
Warehouses
301 Cedar Ave 315 Laurel, MT 59044
Entity Owned
15-yr Hold
Absentee Owner
Property ID
US52-0115474
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1977
Construction
WOOD
Total area
5,720 SF
Lot
1.62 ac (70,611 SF)
Zoning code
RLMF
APN
03-0821-16-2-25-01-0000
UPID
US52-0115474
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$435k
Owner & transaction history
Laurel Southside Storage LLC · 15 yrs held
Laurel Southside Storage LLC
since 2011
6 recorded transactions
Zoning & alternative use
RLMF · Laurel, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The residential light multifamily zone is intended to provide a suitable residential environment for medium density (up to a fourplex) residential dwellings
Zone name
Residential Light Multifamily
General category
RESIDENTIAL
Zone area
142.85 ac
Source
Realmo
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$435k
Range $392k – $479k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$76 / SF
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
$6,240
Tax year 2023
Assessed value
$559,700
Assessed 2023
Previous assessed
$559,700
+0.0% YoY
Effective rate
1.11%
On assessed value
Land market value
$284,456
Improvement market value
$275,244
Total market value
$559,700
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
5,720 SF
Lot
1.62 ac (70,611 SF)
Zoning code
RLMF
APN
03-0821-16-2-25-01-0000
UPID
US52-0115474
Jurisdiction
YELLOWSTONE
Zoning & alternative use
RLMF · Laurel, MTZoning RLMF · permitted uses
RLMF · Laurel, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The residential light multifamily zone is intended to provide a suitable residential environment for medium density (up to a fourplex) residential dwellings
Zone name
Residential Light Multifamily
General category
RESIDENTIAL
Zone area
142.85 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.62 ac
Current owner
From public records · entity-resolved
Laurel Southside Storage LLC
Entity
Mailing address
848 MAIN ST STE #28, BILLINGS, MT 59105-3361
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2019
—
Laurel Southside Storage LLC
—
Deed
related
$57,722 · Opportunity Bk/mt
May 24, 2011
—
Laurel Southside Storage LLC
Siegel William Living Trust
Grant Deed
$126,212 · Western Security Bank
—
—
Laurel Southside Storage LLC
—
Deed Of Trust
related
$57,722 · Opportunity Bk/mt
—
—
Laurel Southside Storage LLC
—
Loan Modification
related
$220,564 · Western Sec Bk
—
—
Siegel,tr
—
Deed Of Trust
related
$30,651 · Yellowstone Bank
—
—
Siegel William Living Trust
—
Deed Of Trust
related
$100,000 · 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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