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Property profile & analytics
OFF-MARKET
Drive through restaurants
309 1st Ave Laurel, MT 59044-3303
Entity Owned
6-yr Hold
Free & Clear
Property ID
US52-0261750
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2020
Construction
WOOD
Total area
2,362 SF
Lot
1.02 ac (44,388 SF)
Zoning code
HC
APN
03-0821-16-1-08-20-0000
UPID
US52-0261750
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
-
Maurer Chiropractic Alternative Medicine Practice
-
Hughes Angela Medical Clinic
-
Dr. Philip Maurer Alternative Medicine Practice
-
Wendy's Restaurant Take-out & Catering
-
Mayes Ryan Real Estate Agency
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
Wendaurel LLC · 6 yrs held
Wendaurel LLC
since 2020
5 recorded transactions
Zoning & alternative use
HC · Laurel, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the highway commercial district is to provide areas for commercial and service enterprises which are intended primarily to serve the needs of the tourist, traveler, recreationist, or the general traveling public
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
319.17 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
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
$8,973
Tax year 2023
Assessed value
$804,800
Assessed 2023
Previous assessed
$804,800
+0.0% YoY
Effective rate
1.11%
On assessed value
Land market value
$540,828
Improvement market value
$263,972
Total market value
$804,800
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
2,362 SF
Lot
1.02 ac (44,388 SF)
Zoning code
HC
APN
03-0821-16-1-08-20-0000
UPID
US52-0261750
Jurisdiction
YELLOWSTONE
Zoning & alternative use
HC · Laurel, MTZoning HC · permitted uses
HC · Laurel, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the highway commercial district is to provide areas for commercial and service enterprises which are intended primarily to serve the needs of the tourist, traveler, recreationist, or the general traveling public
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
319.17 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2020
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Wendaurel LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1 COMMERCIAL DR, FLORIDA, NY 10921-1054
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2020
—
Wendaurel LLC
Wendaurel LLC
Quit Claim Deed
related
—
Jun 10, 2020
—
Wendaurel LLC
Sli Coml R/e Retirement Svgs
Correction Deed
related
—
Mar 6, 2020
—
Sli Coml R & E Retirement Svgs
Sli Coml R/e Retirement Svgs
Correction Deed
related
—
Nov 3, 2011
—
Northern Boundary LLC
Sheriff Of Yellowstone County
Trustees Deed
related
—
Nov 14, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
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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