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Property profile & analytics
OFF-MARKET
Bars & Pubs
4241 Kari Ln, Billings, MT 59106-2901
Entity Owned
18-yr Hold
Property ID
US52-0059227
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
2008
Construction
WOOD
Total area
7,500 SF
Lot
2.14 ac (93,436 SF)
APN
03-0926-15-1-80-70-0000
UPID
US52-0059227
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
-
Asian Nites Casino Hotel & Motel Resort
-
Manny's Sports and Entertainment Bar & Pub
-
Seat Open Hotel & Motel Resort
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
No Object LLC · 18 yrs held
No Object LLC
since 2008
7 recorded transactions
Zoning & alternative use
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 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
$20,429
Tax year 2023
Assessed value
$1,821,300
Assessed 2023
Previous assessed
$1,821,300
+0.0% YoY
Effective rate
1.12%
On assessed value
Land market value
$1,606,825
Improvement market value
$214,475
Total market value
$1,821,300
Applied tax rate
981.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
7,500 SF
Lot
2.14 ac (93,436 SF)
APN
03-0926-15-1-80-70-0000
UPID
US52-0059227
Jurisdiction
YELLOWSTONE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
2.14 ac
Current owner
From public records · entity-resolved
No Object LLC
Entity
Mailing address
200 REGAL ST, BILLINGS, MT 59101-3133
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2019
—
No Object LLC
—
Deed
related
$1,191,136 · Stockman Bk/mt
Jun 27, 2008
—
No Object LLC
Dehler,jon L
Quit Claim Deed
related
—
Sep 19, 2007
—
Jon L Dehleo
Turbiville,sharon
Quit Claim Deed
related
—
Nov 14, 2006
—
Sharon Turbiville
Jdkj Ptshp LLP
Warranty Deed
—
Nov 1, 2006
—
Sharon Turbiville
Montana Sapphire LLC
Warranty Deed
—
Sep 25, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
No Object LLC
—
Deed Of Trust
related
$1,191,136 · Stockman Bk/mt
—
—
No Object LLC
—
Deed Of Trust
related
$2,250,000 · Richard Larsen
—
—
No Object LLC
—
Deed Of Trust
related
$1,741,356 · First Interstate Bank
—
—
Sharon Turbiville
—
Deed Of Trust
related
$50,643 · Rocky Mountain 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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