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Property profile & analytics
OFF-MARKET
Turn key restaurants
4900 Laurel Rd, Billings, MT 59101-4735
Entity Owned
6-yr Hold
Property ID
US52-0113448
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2007
Construction
WOOD
Total area
8,050 SF
Lot
2.79 ac (121,315 SF)
Zoning code
CI
APN
03-0927-08-4-07-03-0000
UPID
US52-0113448
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
-
Billings clinic Hospital
-
Post Frame Specialists Construction Company
-
A & A Construction Inc Construction Company General Contractor
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
Jdw Property LLC · 6 yrs held
Jdw Property LLC
since 2020
7 recorded transactions
Zoning & alternative use
CI · Billings, 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 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
$13,515
Tax year 2023
Assessed value
$1,081,700
Assessed 2023
Previous assessed
$1,081,700
+0.0% YoY
Effective rate
1.25%
On assessed value
Land market value
$683,025
Improvement market value
$398,675
Total market value
$1,081,700
Applied tax rate
965.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
8,050 SF
Lot
2.79 ac (121,315 SF)
Zoning code
CI
APN
03-0927-08-4-07-03-0000
UPID
US52-0113448
Jurisdiction
YELLOWSTONE
Zoning & alternative use
CI · Billings, MT
Zoning CI · permitted uses
CI · Billings, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Billings. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
2.79 ac
Current owner
From public records · entity-resolved
Jdw Property LLC
Entity
Mailing address
PO BOX 80926, BILLINGS, MT 59108-0926
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2020
—
Jdw Property LLC
Sten Ptshp LLP
Warranty Deed
$560,000 · Opportunity Bk/mt
May 6, 2016
—
Sten Ptshp LLP
—
Deed
related
$944,936 · Stockman Bk/mt
Apr 1, 2010
—
Sten Ptshp LLP
Engberg,marlon H
Quit Claim Deed
related
—
Mar 24, 2010
—
Marlon H Engberg
—
Trustees Deed
related
$1,926,571 · Stockman Bank Of Montana
Feb 1, 2010
—
Marlon H Engberg
Rick R Steinmetz
Quit Claim Deed
related
$1,185,028 · Stockman Bank
Jan 13, 2010
—
Marlon H Engberg
—
Trustees Deed
related
$1,977,362 · Stockman Bank Of Montana
Oct 1, 2009
—
Marlon H Engberg
—
Trustees Deed
related
$1,977,362 · Stockman Bank Of Montana
Jun 16, 2009
—
Marlon H Engberg
—
Trustees Deed
related
$1,977,090 · Stockman Bank Of Montana
Apr 20, 2009
—
Marlon H Engberg
—
Trustees Deed
related
$1,976,818 · Stockman Bank Of Montana
Mar 3, 2009
—
Marlon H Engberg
—
Trustees Deed
related
$1,977,068 · Stockman Bank Of Montana
Nov 24, 2008
—
Marlon H Engberg
—
Trustees Deed
related
$2,026,571 · Stockman Bank Of Montana
Jun 26, 2003
—
Marlon H Engberg
Bottman,john A & Mary A
Grant Deed
related
$312,000 · Yellowstone Bank
—
—
Sten Ptshp LLP
—
Loan Modification
related
$1,185,028 · Stockman Bk/mt
—
—
Sten Ptshp LLP
—
Deed Of Trust
related
$370,607 · Stockman Bk/mt
—
—
Sten Ptshp LLP
—
Deed Of Trust
related
$944,936 · Stockman Bk/mt
—
—
Marlon H Engberg
—
Deed Of Trust
related
$250,000 · 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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