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Property profile & analytics
FOR SALE
Super regional malls
520 Wicks Ln Billings, MT 59105
Entity Owned
6-yr Hold
Property ID
US52-0012143
For Sale
1 / 30
Contact for pricing
520 Wicks Ln, Billings, MT 59105
View Listing →
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1983
Construction
WOOD
Total area
21,261 SF
Lot
1.46 ac (63,641 SF)
Zoning code
NC
APN
03-1033-22-1-11-14-0000
UPID
US52-0012143
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
-
Mindful Montana Wellness, LLC Counselor Mental Health Service
-
Farmers Insurance - Jason Ascheman Insurance Agency
-
Rimview dance studio II Training Center
-
Ruthless Barbershop Barber Shop
-
Cereset Billings Alternative Medicine Practice
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
Oval Energy LLC · 6 yrs held
Oval Energy LLC
since 2020
7 recorded transactions
Zoning & alternative use
NC · 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
$13,886
Tax year 2023
Assessed value
$1,111,400
Assessed 2023
Previous assessed
$1,111,400
+0.0% YoY
Effective rate
1.25%
On assessed value
Land market value
$231,564
Improvement market value
$879,836
Total market value
$1,111,400
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
For Sale
Year built
1983
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
21,261 SF
Lot
1.46 ac (63,641 SF)
Zoning code
NC
APN
03-1033-22-1-11-14-0000
UPID
US52-0012143
Jurisdiction
YELLOWSTONE
Zoning & alternative use
NC · Billings, MT
Zoning NC · permitted uses
NC · 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
1983
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Oval Energy LLC
Entity
Mailing address
2047 BROADWATER AVE STE #1, BILLINGS, MT 59102-4856
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2020
—
Oval Energy LLC
Ram Energy LLC
Quit Claim Deed
related
—
Jun 22, 2017
—
Oval Energy LLC
—
Deed
related
—
Jan 23, 2017
—
Ram Energy LLC
—
Deed
related
$1,639,128 · Glacier Bk Fsb
Sep 15, 2016
—
Ram Energy LLC
—
Deed
related
$1,611,930 · Western Security Bank
Aug 16, 2016
—
Ram Energy LLC
Shoff Real Estate LP
Trustees Deed
related
$1,611,930 · Glacier Bk Fsb
Jan 22, 2001
—
Shoff Real Estate LP
Shoff,jack L
Quit Claim Deed
related
—
—
—
Ram Energy LLC
—
Loan Modification
related
$1,639,128 · Glacier Bk Fsb
—
—
Oval Energy LLC
—
Loan Modification
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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