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Property profile & analytics
OFF-MARKET
Banks
301 Main St, Shelby, MT 59474-1967
Entity Owned
Absentee Owner
Free & Clear
Property ID
US52-0535007
Property summary
AI-generated overview
This 4,988 square foot commercial building, located at 301 Main St in Shelby, Montana, is offered for sale at $350,000. The property, built in 1970, sits on a 0.169-acre corner lot (7,361 square feet) and benefits from excellent visibility and accessibility, including convenient access to I-15. The building, previously a bank, features a drive-thru and four parking spaces. The interior comprises 2,494 square feet on the main level and an equal amount in the basement. It's zoned commercial and is suitable for a variety of retail or office uses. The building is vacant and in good condition. The property's APN is 503898. This is a NNN lease type property with a single tenancy.
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1970
Construction
WOOD
Total area
2,494 SF
Lot
0.17 ac (7,362 SF)
Zoning code
1
APN
21-4424-27-2-25-05-0000
UPID
US52-0535007
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
by Request
Owner & transaction history
US BANK NATIONAL ASSOCIATION
US BANK NATIONAL ASSOCIATION
Zoning & alternative use
1 · Shelby, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Shelby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelby 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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,349
Tax year 2024
Assessed value
$380,988
Assessed 2024
Previous assessed
$380,988
+0.0% YoY
Effective rate
1.67%
On assessed value
Land market value
$26,048
Improvement market value
$354,940
Total market value
$380,988
Applied tax rate
910.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
2,494 SF
Lot
0.17 ac (7,362 SF)
Zoning code
1
APN
21-4424-27-2-25-05-0000
UPID
US52-0535007
Jurisdiction
TOOLE
Zoning & alternative use
1 · Shelby, MT
Zoning 1 · permitted uses
1 · Shelby, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shelby. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
US BANK NATIONAL ASSOCIATION
Individual
Free & Clear · 0 yrs held
Mailing address
1310 MADRID ST STE #100, MARSHALL, MN 56258-4001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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