New search
Property profile & analytics
OFF-MARKET
Warehouses
569 Spruce Dr, Seeley Lake, MT 59868
Individually Owned
9-yr Hold
Property ID
US52-0142843
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1993
Construction
WOOD
Total area
2,736 SF
Lot
0.24 ac (10,367 SF)
Zoning code
1
APN
04-2540-03-4-16-11-0000
UPID
US52-0142843
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
Richard Steiner JR · 9 yrs held
Richard Steiner JR
since 2017
5 recorded transactions
Zoning & alternative use
1 · Seeley Lake, 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 Seeley Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seeley Lake 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
$1,658
Tax year 2023
Assessed value
$151,590
Assessed 2023
Previous assessed
$118,224
+28.2% YoY
Effective rate
1.09%
On assessed value
Land market value
$72,600
Improvement market value
$78,990
Total market value
$151,590
Applied tax rate
3,597.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
22
Total area
2,736 SF
Lot
0.24 ac (10,367 SF)
Zoning code
1
APN
04-2540-03-4-16-11-0000
UPID
US52-0142843
Jurisdiction
MISSOULA
Zoning & alternative use
1 · Seeley Lake, MT
Zoning 1 · permitted uses
1 · Seeley Lake, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seeley Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
22
Lot
0.24 ac
Current owner
From public records · entity-resolved
Richard Steiner JR
Individual
Mailing address
PO BOX 4203, WHITEFISH, MT 59937-4203
Ownership since
2017
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
Mar 24, 2017
—
Richard Steiner JR
Steiner Richard W Trust
Quit Claim Deed
related
—
Jul 18, 2016
—
Richard W Steiner JR.
—
Deed
related
$151,789 · Glacier Bank
Sep 21, 2015
—
Richard Steiner JR
Ashcroft,rene R
Warranty Deed
related
—
Feb 17, 2011
—
Rene R Ashcroft
Jerry B Ashcroft
Intrafamily Transfer
related
—
Apr 6, 2000
—
Ashcroft,jerry B & Rene R
Lewis,gary & Cheryl
Trustees 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.
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?”
You own 569 Spruce Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
